News: Costa-Hawkins

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The California Apartment Association today vowed to fight anti-housing activist Michael Weinstein’s efforts to have Gov. Gavin Newsom and the state Legislature suspend the Costa-Hawkins Rental Housing Act, California’s most important landlord-protection law. CAA is preparing to mobilize its members to oppose any suspension of Costa-Hawkins, which would allow vacancy controls and authorize cities and counties to limit rent increases — even below the rate of inflation — on single-family homes, condominiums and apartments built after 1995.  Vacancy controls would keep local rent caps in place during changes in tenancy, preventing units from reaching market rates.  Although Weinstein claims his proposal… Read More

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The Los Angeles City Council on Wednesday rejected several items that posed threats to California’s rental housing industry, including a move that would have violated the Costa-Hawkins Rental Housing Act. On a 7-6 vote, the council: Rejected an extension of the city’s freeze on rent increases to property shielded from local rent control laws under Costa-Hawkins. The city attorney warned the council that such an action would violate state law. The council also voted against extending the rent freeze to properties covered under Assembly Bill 1482, the statewide rent cap law that went into effect Jan. 1. Rejected an attempt… Read More

Tagged: Los Angeles

Speaking to a room full of rental housing VIPs, Senate President Pro Tem Toni Atkins reiterated her commitment to advancing housing-supply legislation this year and praised the California Apartment Association for its leadership role at the Capitol. “The Legislature and the California Apartment Association have a great relationship,” said Atkins, a Democrat from San Diego. “And my colleagues and I are truly appreciative of the work that you do, and the perspective, frankly, that you bring to policy actions and directions from the state.” Her comments came during the California Apartment Association’s Leadership Dinner the night before the February board… Read More

Tagged: San Diego

The California Apartment Association is preparing for another battle at the ballot box in defense of the Costa-Hawkins Rental Housing Act, the state’s most important landlord-protection law. Anti-housing crusader Michael Weinstein’s latest initiative to undermine Costa-Hawkins — and bring radical forms of rent control back to California — is targeted for November statewide ballot. The Secretary of State’s office is expected to qualify the measure over the next few weeks, after verification that petitioners met the signature-gathering requirements, Weinstein’s so-called Rental Affordability Act would weaken Costa-Hawkins, allowing cities and counties to impose rent controls at any level they choose –… Read More

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During his inaugural state of the state address, Gov. Gavin Newsom this week called on lawmakers to craft legislation that stabilizes rental prices without ruining the businesses of small landlords. “The pressures on vulnerable renters didn’t go away after the election,” Newsom said Tuesday. “We need new rules to stabilize neighborhoods and prevent evictions, without putting small landlords out of business. I want the best ideas from everyone in this chamber. Here is my promise to you, get me a good package on rent stability this year and I will sign it.” Beyond sparing the businesses of small rental housing… Read More

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Thanks largely to a campaign led by the California Apartment Association, voters in the Nov. 6 election overwhelmingly rejected Proposition 10, the statewide ballot measure that would have repealed the Costa-Hawkins Rental Housing Act and brought extreme forms of rent control back to the state. With 100 percent of precincts reporting, 61.7 percent of voters rejected Prop 10, while 38.3 percent voted to approve the measure. “The stunning margin of victory shows California voters clearly understood the negative impacts Prop 10 would have on the availability of affordable and middle-class housing in our state,” said Tom Bannon, chief executive officer… Read More

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In a poll released this week, a statewide ballot measure that would repeal the Costa-Hawkins Rental Housing Act continued to trail by a wide margin. The final pre-election Berkeley Institute of Governmental Studies Poll, published Wednesday, indicated that 60 percent of likely voters oppose Proposition 10, while 35 percent support the measure, and 5 percent are undecided. “This poll mirrors public and private polling that shows voters clearly understand that Prop 10 is a flawed measure that would worsen California’s affordable housing crisis, reducing property values and freezing the construction of housing for low- and middle-income families that we desperately… Read More

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Proposition 10, the statewide ballot measure that would repeal the Costa-Hawkins Rental Housing Act, was trailing by a growing margin in a poll released this week by the Public Policy Institute of California. The PPIC poll shows that 60 percent of likely voters would vote no on Prop 10, while 25 percent would vote yes, and 15 percent are undecided. If Costa-Hawkins is overturned in the November election, California cities and counties will once again gain the authority to adopt extreme forms of rent control, including the imposition of rent caps on new apartments and single-family homes. Such moves would… Read More

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A newly released paper by a UC Berkeley economist explores how repealing the Costa-Hawkins Rental Housing Act could drive down property values and erode tax money for school districts and local communities. The paper, “The Case for Preserving Costa-Hawkins: How Rent Control Reduces Property Values, Hurts Small Businesses and Limits State and Local Tax Revenue,” was authored by Kenneth T. Rosen, chairman of UC Berkeley’s Fisher Center and chairman and founder of Rosen Consulting Group. If California voters approve Proposition 10 and overturn Costa-Hawkins in the Nov. 6 election, cities and counties will once again be authorized to adopt extreme… Read More

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The number of newspapers urging readers to reject Proposition 10 and preserve the Costa-Hawkins Rental Housing Act continues to grow. In recent days, more than 15 newspapers took stances against Prop 10, which would bring extreme forms of rent control back to California. These newspapers include the Fresno Bee, Modesto Bee, Bakersfield Californian, San Francisco Business Times, Santa Rosa Press-Democrat, Palo Alto Daily Post, and La Opinión, the nation’s largest Spanish-language newspaper. Also joining the chorus against Prop 10 is the 11-newspaper Southern California Newspaper Group, which includes the Los Angeles Daily News, Orange County Register and the Riverside Press-Enterprise.… Read More

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