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January 23, 2025 at 6:00 AM. ... At issue is California’s price-gouging law, which limits rent increases after natural disasters. For properties that had been leased or listed in the previous ...
In an effort to combat predatory price gouging, California Governor Gavin Newsome signed an executive order on January 16, 2025, prohibiting rent increases of more than 10% in Los Angeles County ...
In Beverly Hills, rent for a townhouse surged 142% to $15,000, and rent for a single-family home in Encino, an LA neighborhood on the other side of the hills from Pacific Palisades, jumped 141% to ...
Proposition 33, titled Expands Local Governments’ Authority to Enact Rent Control on Residential Property, and also marketed as the "Justice for Renters Act", was a California ballot proposition and initiative statute in the 2024 general election that would have repealed the Costa–Hawkins Rental Housing Act and allowed localities to enact ...
According to the study, here is a look at the median asking rent as of November 2024, the minimum wage in November 2024, the new minimum wage as of January 2025, the weekly work hours per renter ...
The Affordable Housing and High Road Jobs Act of 2022 (AB 2011) is a California statute which allows for a CEQA-exempt, ministerial, by-right approval for affordable housing on commercially zoned lands, and also allows such approvals for mixed-income housing along commercial corridors, provided that such housing projects satisfy specific criteria of affordability, labor, and environment and ...
The Tenant Protection Act of 2019 caps annual rent increases at 5% plus regional inflation. [51] For example, had the bill been in effect in 2019, rent increases in Los Angeles would have been capped at 8.3%, and in San Francisco at 9%. [51] The increases are pegged to the rental rate as of March 15, 2019. [51]
Savings interest rates today: Rise above your everyday savings with top yields of up to 4.50% this weekend — Jan. 10, 2025