News and Events

Southern California to see modest rent hikes by 2026, USC says

Rents are expected to rise $58 per month in Los Angeles County by mid-2026, and between $110 and $148 a month in the rest of Southern California, USC’s Casden Multifamily Forecast predicted. That’s an increase to 3.9% from 1.4%.

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L.A. Supervisors Radically Reduce Rent Increase Limits to 60% of CPI with 3% Maximum

On November 6th, the Los Angeles County Board of Supervisors voted 4 to 1, Supervisor Kathryn Barger being the only dissenting vote, to drastically reduce the allowable annual rent increase formula to just 60% of the Consumer Price Index (CPI) with a maximum of 3%.

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Los Angeles’ “dingbat” apartments are a kitschy piece of the past

When architect and writer Wendy Gilmartin was in her early 20s, she lived in West Hollywood in what’s known as a dingbat apartment. While she fondly remembered the lighting and wood floors, she especially appreciated the social atmosphere at the building.

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New California law gives tenants more time to respond to eviction notices

Tenants in California will have twice as much time to respond to eviction notices and potentially avoid losing their homes under a bill signed into law by Gov. Gavin Newsom today. The new law comes amid a statewide housing crisis, and after a surge in evictions followed the expiration of pandemic-era tenant protections. Tenant advocates say Assembly Bill 2347, which doubles the time to respond from 5 to 10 business days, will help renters who live in areas where legal help is scarce or face other life circumstances that make it hard to meet the current deadline.

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NEWS ALERT: IMPORTANT PROPOSITION 33 UPDATE

STOP THE GOVERNMENT FROM STEALING YOUR PROPERTY AND YOUR ABILITY TO MAKE A LIVING…VOTE NO ON PROPOSITION 33 IN NOVEMBER. A new poll released last week by the Public Policy Institute of California (PPIC) indicated a 12-point decrease in voter opposition to Proposition 33 compared to past ballot measures Proposition 10 (2018) and Proposition 21 (2020). This new PPIC survey shows 51% FOR versus 46% AGAINST!

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23 mayors oppose California’s rent control ballot measure

Twenty-three California mayors have come out in opposition against Proposition 33, a measure up for vote on California’s presidential election ballot on Nov. 5, according to the San Jose Spotlight. If passed, Prop 33 would repeal the Costa-Hawkins Rental Housing Act, removing the state’s limits on rent control in local jurisdictions — including a ban on rent control in housing built after 1995. It would also restrict the state from imposing rent control bans in the future, according to the California Legislative Analyst’s Office, a nonpartisan fiscal and policy advisor for the state legislature.

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LA considers beefing up law against tenant harassment

Los Angeles landlords allegedly continue to harass their tenants, despite a recent law meant to protect them from threats or intimidation. In the three years since the city made it a crime to harass renters, more than 13,000 complaints alleging harassment have been filed with its Housing Department — with city officials having done little to stop them, the Los Angeles Times reported.

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California Rent Control Update: New Cap on Rent Increases Takes Effect

AB 1482 Sets New Limits on Rent Hikes Starting on August 1
The California Tenant Protection Act of 2019, known as Assembly Bill 1482 (AB 1482), enacted statewide rent control as of January 1, 2020, and a new rent increase cap took effect today.

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Security deposit limited to one month’s rent across California

When Assembly Bill 12 goes into effect on July 1, 2024, most landlords can no longer charge more than one month’s rent as a security deposit. Before, landlords could charge up to two months’ rent for unfurnished properties, or three months’ rent for furnished properties.

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Rent Control’s Impact on Multifamily

In the face of high costs and various economic headwinds, rental housing providers continue to experience incredibly narrow margins that cannot sustainably withstand additional strain. In fact, according to the National Apartment Association's (NAA) Dollar of Rent research, 93 cents of every rent dollar pay for things necessary for the operation of rental homes.

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