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  2. Ellis Act - Wikipedia

    en.wikipedia.org/wiki/Ellis_Act

    The Ellis Act (California Government Code Chapter 12.75) [1] is a 1985 California state law that allows landlords to evict residential tenants to "go out of the rental business" in spite of desires by local governments to compel them to continue providing rental housing.

  3. Some price-gouging rules could be keeping high-end homes off ...

    www.aol.com/news/price-gouging-rules-could...

    In Tarzana, a landlord is asking $17,500 a month to rent a 3,000-square-foot home with a pool and a view of the Santa Monica Mountains, a 9.4% increase from the price at which it was offered in ...

  4. California housing shortage - Wikipedia

    en.wikipedia.org/wiki/California_housing_shortage

    By 2016, the median price of a home in California, at $409,300, was more than twice the median price of a home in the U.S. as a whole, more expensive than any state other than Hawaii. [14] The shortage is statewide; from 2010 to 2017, the state added one new housing unit for every five new residents, and is pronounced in employment centers such ...

  5. California attorney general charges L.A.-area real estate ...

    www.aol.com/news/california-attorney-general...

    California Atty. Gen. Rob Bonta announced charges against a La Cañada Flintridge real estate agent for allegedly raising the price of his rental by 38% after L.A.'s wildfires.

  6. California HOME Act - Wikipedia

    en.wikipedia.org/wiki/California_HOME_Act

    2021 California Senate Bill 9 (SB 9), [1] titled the California Housing Opportunity and More Efficiency (HOME) Act, is a 2021 California state law which creates a legal process by which owners of certain single-family homes in single-family zoned areas may build or split homes on their property, and prohibits all cities and counties from directly interfering with those who wish to build such ...

  7. With Los Angeles in need of housing, downtown's empty ... - AOL

    www.aol.com/news/los-angeles-housing-downtowns...

    An uptick in lease signings in downtown Los Angeles has led some to hope the office rental market has hit bottom, but instead of waiting for tenants to return others are converting offices into ...