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In the Beverly Grove neighborhood of Los Angeles, the asking rent for a two-bedroom condo jumped from $5,000 to $8,000 in the wake of the fires that started last week and have left thousands ...
The median rent in the city of Los Angeles, for all home types - be it single family, apartments, or townhomes - was currently about $2,800 according to the real estate listing company Zillow.
Jason Oppenheim has accused Los Angeles landlords of illegal rent hikes amid the wildfires. California law prohibits rent increases of over 10% after an emergency is declared.
In 2017, the median price of a home in California was more than 2.5 times the median in the U.S. as a whole, and in California's coastal urban areas, the shortage was greater than the inland areas, as demonstrated by the median prices of homes in those respective markets: $1.3M in San Francisco, $1M in San Jose, and $600k in Los Angeles, while ...
Paul L. Niebanck, editor, The Rent Control Debate (University of North Carolina 1985), the editor was a UCSC professor. Peter Dreier, "Rent Deregulation in California and Massachusetts: Politics, Policy, and Impacts – Part I" (1997), "Part II" (1997), at International and Public Policy Center, Occidental College, Los Angeles. Accessed 2017-11-6.
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 ...