While the focus in November is on the top of the ticket, Californians also face a long list of ballot measures. Here we focus on three major measures that impact California real estate: Propositions 15, 19 and 21.
Continue Reading California State Ballot Includes Major Property Tax, Rent Control Measures

In September, the California Legislature approved AB 1482, the Tenant Protection Act of 2019. Governor Newsom signed the bill on October 8, making California the third state this year to impose statewide residential rent control, behind Oregon and New York. The legislation also includes “just cause” eviction provisions.
Continue Reading California Passes Rent Cap and Eviction Protections with AB 1482

California voters will consider a November ballot initiative (Proposition 10) that would repeal the 1995 California Costa-Hawkins Rental Housing Act (“Costa-Hawkins”). Costa-Hawkins generally limits rent controls that may be imposed by local jurisdictions on housing units in buildings with a certificate of occupancy issued after February 1995, prohibits local jurisdictions from expanding rent control to include “vacancy control,” and exempts single-family homes and condominiums from rent controls, with limited exceptions.
Continue Reading California Voters Poised to Weigh in on Major Changes to Rent Control Law

San FranciscoWith rising housing costs remaining a priority concern for the region, affordable housing had a major presence on Bay Area ballots this November. As detailed below, voters in three municipalities and three counties across the Bay Area passed measures to increase affordable housing funding for low and moderate-income households. Taken together, these measures will yield about $2 billion in new housing funds.

Continue Reading Housing is Top of Mind: Results of Bay Area Affordable Housing and Rent Control Measures