Rent Control: A Triumph of Vote Counting over Sound Economics Posted in California, Government intervention, Local government, New York, Rent Control, tagged California, Government intervention, Local government, New York, Rent Control on September 12, 2019| 14 Comments » Identifying the worst ...
In 1995, voters in California passed the Costa Hawkins Act, which pre-empted existing local rent control ordinances. Under Costa Hawkins,single family homes and condosare exempt from rent control, as are newly constructed apartment buildings. The act also bans vacancy control, which means that lan...
Rent control is so controversial that 37 states actually prohibit rent control laws. Rent control regulations are enacted in five states, plus the District of Columbia:New York, New Jersey, California, Maryland, andOregon. In California and Oregon, the rent control laws apply to the whole stat...
Steep rent increases during the pandemic recovery have spurred support for rent control legislation in several areas of the country, according to a report by Wealth Management. In the recent midterm elections, voters created new rent controls and toughened existing rules from California to Florida ...
-- Newsom said that he is in preliminary discussion to explore a range of options to bolster middle income housing,including rent control caps and reform of the California Environmental Quality Act. -- He also announced sig...
The California legislature was quick to respond by enacting the Ellis Act to alleviate the plight of landlords and guarantee a “fundamental right” to cease doing business as a landlord. However, it took nearly two decades before the Supreme Court dictated the rubric for use of the Ellis Act...
But the city might impose its own rent control, on top that of existing state laws, most recently Assembly Bill 1482, the California Tenant Protection Act of 2019. In the bill’s language, it limited rent increases to “5% plus the percentage change in the co...
California Top California Democrats come out against rent control ballot measure By DUSTIN GARDINER 05/14/2024 07:28 PM EDT Finance & Tax US inflation up again in March in latest sign that price pressures remain elevated By ASSOCIATED PRESS 04/10/2024 09:20 AM EDT ...
Rent control is not widespread in the United States. According to a 2019 study by the Urban Institute, 182 municipalities in the U.S. have rent control regulations, and all of them are in New York, New Jersey, California, Maryland, or Washington, D.C.1 In fact, 31 states have laws t...
laws with rent ceilings in place—all of which are in California, New York, New Jersey, Maryland, and Washington, D.C. Oregon enacted a state-wide rent control law in 2019—the first state to do so Thirty-seven states actually forbid their municipalities from enacting rent control laws....