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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.
In such circumstances, retailers will do a “price adjustment,” refunding the difference between the price the customer paid and the price now available. For example, if a customer buys a TV for $ 300, and it drops in price by $100, they can go back to the retailer to ask for a price adjustment and get the difference returned to them, often ...
Regulation for all new tenancies was abolished by the Housing Act 1988, leaving the basic regulatory framework was "freedom of contract" by the landlord to set any price. Rent regulations survive among a small number of council houses , and often the rates set by local authorities mirror escalating prices in the non-regulated private market.
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The REITs are paying jumbo dividends from diverse commercial property holdings.
He describes these effects as including the suburbanization of the local shopping experience, the driving down of local prices for all everyday necessities, the draining of the viability of the traditional local shopping areas, a continual downward pressure on local wages, the consolidation of consumer product companies aiming to match Walmart ...
Here's how even ordinary investors can become the landlord of Walmart, Whole Foods or Kroger Cost-of-living in America is still out of control — use these 3 'real assets' to protect your wealth ...