Podcasts about costa hawkins

On this podcast of Welcome Home Radio, host Don Scordino spoke with special guests, Congressman Jim Costa, and Ken Neufeld, London Properties, Ltd. on "Federal Housing Legislation and the Costa Hawkins Bill".

California 2024 ballot propositions - BallotpediaProposition Analysis (ca.gov)2024 California ballot measures: What you need to know (calmatters.org)Ballot Measures - League of Women Voters of California | Education Fund (cavotes.org)

A new proposition for rent control is on the ballot in California. Proposition 33, if it passes, would expand rent controls to include single-family homes and newer apartments. Many cities, including San Francisco and Los Angeles, already limit the amount a landlord can raise the rent each year — but for nearly 30 years, California has imposed limits on those limits, via a law known as Costa-Hawkins. That law states that cities cannot set rent control on single-family homes or apartments built after 1995. And landlords are free to set their own rental rates when new tenants move in.    Tenant advocates have been fighting Costa-Hawkins for years, but so far, without success. They tried to overturn it with ballot measures in 2018 and 2020. Lawmakers also tried with legislation. While those efforts failed, Gov. Gavin Newsom in 2019 signed a law limiting annual rent increases statewide to 5% plus inflation. According to the Public Policy Institute of California, nearly 30% of California renters spend more than half their income on rent — which is higher than in any other state except Florida and Louisiana.   But, is rent control the answer? There have been studies that show the negative side effects of rent control, but the Journal of Housing Economics recently published a review of 112 rent control studies, and the results are eye opening, or at least they should be.   Links:   ~~~~ JOIN RealWealth® FOR FREE

Proposition 33 attempts to repeal the Costa-Hawkins Rental Housing Act. Costa-Hawkins protects your income property investments. Vote NO on Proposition 33 and YES on Proposition 34. After my initial topic hear other landlords ask their question on a number of other topics.

Episode Theme:In this episode, we dive deep into the specialized real estate strategies of Urban Pacific Group of Companies, led by Scott Choppin. Our focus is on their innovative approach to developing workforce and multi-generational housing in California. We discuss how the company successfully bridges the gap between luxury and subsidized housing, navigating through the challenges of rent controls and zoning regulations.Key Highlights:Company Overview:Urban Pacific Group specializes in 5-bedroom, 4-bathroom townhouses tailored for workforce and multi-generational living.The company has thrived for over two decades, making strategic decisions to avoid political controversies.Market Comparison:A comparison of real estate investment climates between California and Texas, emphasizing the difficulties faced by landlords in California due to stringent rent control laws and eviction processes.Examination of the Costa Hawkins law and strategies to mitigate rent control risks in new construction projects.Expansion Efforts:Current development of nearly 500 units in San Bernardino, Riverside, and Lynn Empire.Future plans to develop 500 to 1000 units annually in Southern California, focusing on Ventura, Santa Barbara, Contra Costa, and Alameda Counties.Economic Factors:Impact of cap rates and interest rates on the global housing market.Trends in California's rental market showing a flattening rather than a sharp decline, amidst a national decline in multifamily construction.Population and Demand:The significance of workforce housing in sustaining demand amid population shifts in California.The success of multi-generational housing relying on multiple earners within a family unit.Economic Sharing Model:Discussion on how families pool incomes and expenses to afford better amenities, emphasizing family connections.The dynamics of income sources in multi-generational households, particularly among Hispanic demographics, including retirement income and entrepreneurship.Tenant Selection:Importance of intuitive tenant selection processes, with adjustments based on individual cases.Additional Resources:Mention of a newsletter on real estate investments and workforce housing.Information about an upcoming webinar on diversification in real estate investing.Support for Financial Independence:Acknowledgment of Steve Tucker Capital for supporting financial independence through passive real estate investments and equine welfare.Connect with Scott Choppin:choppin@urbanpacific.comhttps://www.linkedin.com/in/scottchoppin/https://www.urbanpacific.com/

Have you ever ended up on one side or the other of a lawsuit related to disability?   If so, KPFA listeners want to hear from you! Call Friday during the live show: 510-848-4425 or 800-958-9008. The business community likes to complain about disabled people who make a living suing them for the lack of accessibility.   Have you ever been one of these people?   Ever sued your landlord or a government agency for not allowing you to live in an apartment or participate in civil life?   If so, what was that like? We also want your thoughts on suits that take on government agencies or corporations on behalf of the larger disability community.  Often these suits are filed by disability non-profits with social change in mind.  Has a suit like this helped you out?  Have you seen changes come about as a result of them? We've been looking at Smith v. Oakland, filed by Disability Rights Advocates against the City of Oakland in 2019.  That suit seeks to allow disabled persons to live in rent-controlled units, even though a state law called Costa Hawkins prohibits rent control for anything built after 1983.  The suit claims that the Federal ADA (Americans with Disabilities Act) supersedes the California law. The post Lawsuits – Pushing Limits – November 17, 2023 appeared first on KPFA.

Today on the Southern California Real Estate Report we take about stricter rent control laws that are likely coming to the California's ballot."Justice for Renters Act" would end Costa Hawkins and allow for counties to place rent control laws on all residential properties and stop landlords from being able to set their rents to market when a new renter moves in.Article referenced:https://www.costar.com/article/1257379244/organizers-collect-signatures-for-california-ballot-initiative-to-expand-rent-control

In this Real Estate News Brief for the week ending May 14th, 2022… why lumber prices are falling, what the FHA is doing to discourage investors, and the new Google mapping tool that could help house hunters.Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review.Economic NewsWe begin with economic news from this past week. Inflation appeared to slow down a bit last month. The government reported a slight decline in the Consumer Price Index from an annual rate of 8.5% in March to 8.3% in April. But that's coming off a 40-year high, so we haven't come down much. Plus, the so-called “core rate of inflation” - which omits prices for food and gas - was .6% higher. That was a disappointment on Wall Street because analysts had forecast a lower .4% increase. (1)As reported by MarketWatch, many economists expect inflation to slow down, but they say it will probably take a while for that to happen. Supply chain issues and the labor shortage are two big reasons that prices keep rising.The decline was also not enough to put consumer minds at ease. The University of Michigan says its consumer sentiment index fell to a ten-year low as of this month. It went from a reading of 65.2 in April to 59.1. A survey shows that most Americans expect overall inflation to remain at the 5.4% level for the next year and at 3% for the next five years. (2)Mortgage RatesMortgage rates also crept a little higher last week. Freddie Mac says the 30-year fixed-rate mortgage rose 3 basis points to an average of 5.3%. The 15-year was down 4 points to 4.48%. (3) The mortgage company says that many homebuyers are continuing with their plans but are paying about one third more per month than they would have a year ago.In other news making headlines…Builders Getting a Break on Lumber PricesLumber prices are headed lower. They fell below $800 per thousand board feet last week. That's about 30% lower than they were at the beginning of the year, but they are still much higher than they have been historically. The National Home Builders Association says they've been so high that homes were $18,000 more expensive than they were in previous years, just because of high lumber prices. (4)A recent survey by John Burns Real Estate Consulting shows that prices may be coming down a little because of softening demand for entry-level homes. And, the COO of Sherwood Lumber, Kyle Little, told Insider: “We expect prices in the long term to be challenged with the affordability and rising interest rate headwinds.”Landlords Lose in Appeal to CA Supreme CourtThe California Supreme Court rejected a request by landlords to review a lower court ruling that impacts the Costa-Hawkins Rental Housing Act. If you haven't heard of Costa-Hawkins, it's legislation enacted in 1995 that prevents California cities from imposing rent control on single-family homes, condominiums, and residential properties built after 1995. (5)There was concern that San Francisco landlords were circumventing eviction laws by raising rents so high that tenants would move out. The city called them “bad faith” rent increases that were used to evict tenants. The city then passed an ordinance in 2019 to prevent that from happening. It included a way to compare rent increases to market rates, and to check if there had been a recent eviction attempt. Landlords sued, but lost their case in lower courts. In 2020, a Superior Court judge said: “Costa-Hawkins does not protect a landlord's right to use a pretextual rent increase to avoid lawfully imposed local eviction restrictions.” The high court's decision last week, allows the lower court ruling to stand.FHA Gives Owner-Occupants First Dibs on ForeclosuresThe Federal Housing Administration will make investors wait their turn, for a look at foreclosed properties. The FHA announced that owner occupant buyers, government entities, and HUD-approved nonprofits will get first dibs during a 30-day exclusive time period. It will also provide time for buyers to get a loan if they need one. (6)The FHA says it's doing this to support a goal to reduce the number of homes that investors are buying and turning into rentals, and to help people who want to become homeowners. Buyers must provide a signed statement saying they intend to live in the home. They also have 15 days to back out of a deal if they get “buyer's remorse.”Google Street View Get “Immersive”Google is adding a new feature to its mapping software that will help house hunters. It combines satellite and street view images so that users can fly over an area and then drop down to street level to take a closer look. Some people say the aerial view looks like you're flying over a property with a drone. Google calls it an “immersive view.” (7) It's being introduced in New York and Los Angeles. Google plans to expand soon to new areas.That's it for today. Check the show notes for links. And please remember to hit the subscribe button, and leave a review!You can also join RealWealth for free at newsforinvestors.com. As a member, you have access to the Investor Portal where you can view sample property pro-formas and connect with our network of resources, including experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more.Thanks for listening. I'm Kathy Fettke.Links:1 - https://www.marketwatch.com/story/u-s-inflation-rate-slows-to-8-3-cpi-finds-after-hitting-40-year-high-11652272713?mod=home-page2 - https://www.marketwatch.com/story/consumer-sentiment-hits-ten-year-low-amid-high-prices-umich-survey-finds-11652451173?mod=economic-report3 - https://www.freddiemac.com/pmms4 - https://magazine.realtor/daily-news/2022/05/11/lumber-prices-tumble-to-lowest-level-of-20225 - https://www.sfchronicle.com/bayarea/article/State-Supreme-Court-rejects-a-challenge-by-17166499.php6 - https://caanet.org/calif-supreme-court-snubs-appeal-of-costa-hawkins-case/?mkt_tok=NTU5LVRFTi05NDgAAAGEXbZRUIFaYfDr8n_JnaducPEN7VatF5PpAR34RTKWv7UiK3Y8lW_ce1Ko7WQ8Ot94wKy1cFzjQ3HgtJy6wLdJXjpjwPON50XI1dFc5Q7 - https://magazine.realtor/daily-news/2022/05/11/fha-gives-buyers-exclusive-sneak-peek-at-foreclosures8 - https://magazine.realtor/daily-news/2022/05/11/fha-gives-buyers-exclusive-sneak-peek-at-foreclosures9 - https://magazine.realtor/daily-news/2022/05/12/new-google-map-feature-offers-immersive-view-of-streets

Propositions 16, 19, 21, 25 have raised some serious cash and range from instituting affirmative action policies in admissions, and hiring practices are the University of California to repealing Costa Hawkins.

Last week was a busy one for very controversial housing bills in California. On this episode of Gimme Shelter, Matt and Liam discuss the major changes to SB 50, Sen. Scott Wiener's attempt to force cities to allow taller housing around transit, and a mixed bag for tenant groups in the Capitol, First, the Avocado of the Fortnight shout-outs some wonderful reporting (https://extras.mercurynews.com/pricewepay/)(3:45). Then some "mythbusting" around the new SB 50 (6:30)and Costa Hawkins reform (22:30). Matt and Liam then interview Michael Weinstein, president of the AIDS Healthcare Foundation, who has fiercely opposed SB 50 and is planning yet another ballot initiative on rent control (35:20). And finally an interview with Sen. Nancy Skinner, Democrat from Berkeley and co-author of SB 50 (55:50).

Back in November, Californians voted on a proposition to eliminate the current state wide rent control legislation that was enacted in 1995. California’s rent-control regime is governed by a state law called the Costa-Hawkins Rental Housing Act. It prevents cities and counties from imposing rent control on single-family homes or apartments built after 1995, among other prohibitions. The law also froze rent control rules in cities such as Los Angeles that had policies before Costa-Hawkins was implemented. By repealing Costa Hawkins, it would leave the field wide open for individual cities to implement their own rent control rules. The defeat of the proposition by a vote of 60% in which voters rejected the initiative and landlords spent $100-million-plus in a campaign to sway public opinion. The state government is trying again with a new set of measures aimed at weakening the Costa Hawkins rules. About 9.5 million renters — more than half of California’s tenant population — are burdened by high rents, spending at least 30% of their income on housing costs, according to a UC Berkeley Study. The authors of the study are recommending rent control again, at the same time they acknowledge it will not solve the problem of inadequate supply.

• After a slew of attack ads, support for Prop 10 plummeted

KERI: Hey guys, it’s Keri TV, and we have a very special guest here today.  This is Dave White, who is a big real estate investor, and also happens to be my father.  So excited to have him here for our special episode.  We were talking about this when we were in Palm Desert last weekend, about proposition 10 and proposition 5 and what it means.  I said, hey dad, will you film an episode with me?  So here we are.  KERI: As you know, the mid-term elections are coming up on the sixth of November.  It’s really important to get out there and vote, of course, whatever your views are.  We thought it was important for us to share a little bit about what these propositions mean in regards to real estate.  For our clients, this is our PSA.  First of all, we have proposition 10, which is the repeal of the Costa-Hawkins rent control act.  That is one of the propositions among the ballot.  Dave, tell us a little bit about what that means and what that means to homeowners. DAVE: Well, Costa-Hawkins brought rent control in.  Rent control is not really what everybody thought it was supposed to be.  It’s supposed to help the housing prices.  It’s been proven that rent control doesn’t help that at all.  Now, with Costa-Hawkins, every property is now going to come under rent control.  Your single-family home, your condominium, and your townhome.  The other sad thing about this is, at the present time, with the current system we have, when you rent your property, if your property’s under rent control, you rent it out for 1200 a month, and the other units in the building might be renting out for 2000 a month, in the current system, if those people paying 1250 move out, we can now rent that unit for the 2200, or whatever. KERI: Market value. DAVE: Market value. KERI: Right. DAVE: When they get rid of Costa-Hawkins, they’re going to make it so that if those people move out of that unit paying 1250, the next person coming in only has to pay 1250 as well. KERI: What about people who can’t really afford to live in buildings like this?  They’d love to live in a place for 1250.  Wouldn’t that be considered a good thing? DAVE: Well, it would be a good thing if all the people who couldn’t afford it could get into those buildings.  What happens is the lucky few who do end up in one never move out of them.  Now, all of a sudden after ten, fifteen, or twenty years you show up and here’s the guy renting the unit or the girl pulling up in their nice Ferrari. KERI: [laugh] DAVE: It’s an actual fact.  It’s supposed to be for low-income people.  The system just doesn’t work as it is.  It’s sad.  The lack of housing is caused because of supply and demand.  When you’ve got more supply than demand, as in other states, where the vacancy factor’s fifteen percent, what happens there is the landlords are having to offer moving expenses or one month free to get people into their units.  But out here in California, where it’s probably four percent, there’s no need for landlords to offer anything and everybody’s squirming to get into the unit. KERI: What happens when there are people paying low rents the other units get pushed up even more in costs, because there’s nothing available to rent.  When these people stay in these units and they never move out, it stops the flow of inflation in society and values going up, because property owners don’t want to have buildings where people are paying low income, because it doesn’t increase their value.  They tend to become slum lords, because they want market value rates and market value renters in there. DAVE: The other thing that happens is if you can only get 1250 dollars a month for your unit, which should be getting 2200, then it’s not even worth leasing it out.  You’d probably take it off the market. KERI: That’s exactly what happens.  Yeah. DAVE: Values drop.  When the value drops, that means there’s less property tax coming in.  What happens to the streets and everything the city has to look after when there’s less money coming in? KERI: With these new laws going in, it’s actually going to cost the taxpayers more money because they’re paying for these new rules.  If property values are decreasing, the city’s going to lose money.  There’s actually less money going towards emergency services, schools, and it actually will not create the low-income housing that they’re saying that it will. DAVE: Back East, many years ago, they brought rent control in.  All the students decided they wanted to get low-income.  What happened?  All these students never moved out of the units.  All of a sudden, they decided, this doesn’t work.  They changed the rules and got rid of the rent control. Now all those people who have been there for years finally went and bought homes and moved out of the apartments. KERI: Yeah.  That’s another thing that’s so important.  It happens a lot here in Santa Monica.  Someone will be paying 800 or maybe 1200 for a one-bedroom or two-bedroom, or even 2200 for a two-bedroom near the beach, they don’t have motivation to move because they’re getting such a good deal.  Then what happens when ten, twenty, or thirty years go by, sure, they’ve been living with low-rent, they don’t own anything.  They haven’t built any equity.  They don’t have anything to show for themselves.  You could be in a place that has grown five hundred, seven fifty, in equity and have a great retirement or invest in other buildings that make you more money.  Isn’t the whole goal to one day be sipping margaritas on the beach?  Right dad? DAVE: Two years ago, I met a guy on a party on a boat. KERI: Oh. DAVE: That’s what you do, right, when you have real estate? KERI: That’s what you do. DAVE: Anyway, I talked to this guy and he said I’d like to buy something.  He was sixty-two years old.  I said to him, well, what do you own now?  He said, I don’t own anything.  Unfortunately, I got caught up by rent control. KERI: What did he say? DAVE: He said, I got tied up with rent control. KERI: Caught up with rent control, did you hear that?  Tell us more. DAVE: Because he thought he was on a great bargain because he was only paying a thousand dollars a month. KERI: Right. DAVE: For this unit in Santa Monica that everybody else was paying 3000 dollars a month for.  He said, I watched all my friends who couldn’t get into rent control go out and buy homes and he said, now, they’re all worth a lot more money than me because their homes have gone up in value. KERI: There’s nothing wrong with paying a low rent, of course.  But the long-term game is to make money, to invest, and to retire.  The short side of that vision is that rent control’s a good thing when in fact it decreases property values, it lessens the money going to the government, and it creates slum lords. DAVE: It creates a shortage. KERI: And a shortage. DAVE: Who is going to build more buildings when you can’t make money on them?  Because the other thing that we haven’t made a way yet, when or if Costa-Hawkins gets voted out, that means that now the government can come in and tell you how much you can rent your home out for, your unit.  They can decide what you get for it. KERI: So, you know how your relator tries to tell you what price you should rent one of your units or your houses?  Now, instead of listening to the advice, you’re going to get told.  Well, this is what you can rent it for and we don’t care what you think.  So, does that sound like a fun thing for anybody?  Probably not.  Of course, do your research, investigate everything you can about proposition 10, but when it comes to real estate and building equity and building wealth, which is what we’re proponents of, we’re saying vote no on proposition 10. DAVE: Hey, let’s imagine that prop 10 doesn’t pass, we’re going to go and buy another building! KERI: [cheer] Yay!  We’re going to buy a building.  To summarize, we vote no on proposition 10, because we want to keep our property values increasing, we want to keep the market stable with the right market value rents and we don’t want to increase our taxpayer dollars, do you?  Now, the other proposition we want to highlight that has to do with real estate and our clients, of course, is proposition 5.  This is super exciting because right now, as it exists, if you are 55 or older, you can take your tax basis with you one time for one move.  What this is going to do is allow people that are over 55, plus people who are disabled or victims of natural disasters to take their tax basis more than once and for any price point.  This is super exciting because of all the people that get stuck in their homes because they can’t afford another twenty grand a year on taxes.  Dave, tell us a little bit more about why you think we should vote yes on proposition 5. It’s yes, right?  Yes on 5? DAVE: Yes, it is. KERI: Okay, yes on 5. DAVE: Like 10 is bad for real estate, 5 is excellent for real estate. KERI: So good for real estate.  DAVE: It is. KERI: And old people. DAVE: Right. KERI: We like old people. DAVE: But remember one thing.  When you purchase your home for 200,000 and your property tax is below, they only go up one percent a year. KERI: I calculated a hundred grand.  1800. DAVE: Okay.  But the problem is when you go to buy a house that’s a million dollars, now your taxes are going to be way up there.  That’s what stops a lot of people from selling their homes.  Here’s the other thing that hurts the older people like me.  We can’t sell.  We’ve got this big house that’s got a pool and huge gardens, and we’re wasting all our money. KERI: Unused bedrooms. DAVE: Now, with prop 5, we can sell, move to a beautiful home on the beach, and only pay the low taxes.  The biggest change with this is, the way it is now, you can only do this once. KERI: Once. DAVE: You can move once and get the property tax saving.  The other big thing is, in the old way, if you sold your house for a million and you had to buy something, you could only go three percent above.  Now you can go and pay whatever you want for a house. KERI: Yeah. DAVE: You could pay two million, if you wanted to. KERI: Which is so great.  Yeah. DAVE: Well, the big thing is, most people, when they’re older, they’ve paid their houses off.  So, it’s all cash. KERI: All cash.  Cash, cash, money.  That’s the thing too.  They can take all that cash, buy something with cash, and then they only have a low property tax.  Say they bought their house for a hundred grand.  They’re selling it for a million or a million five.  They move into a cool condo on Ocean Avenue or a little house somewhere nearby.  They’re not paying anything monthly, which is the whole point, because they can’t afford it, and the property taxes don’t change.  Their lifestyle remains the same.  You get to have mom and dad around for raising the grandkids.  It’s also really great for people who are disabled, same thing.  They need to move into something that works for their disability, whether it’s one-level or smaller.  Then, the other factor is for people who are victims of natural disasters that happened this year.  Floods, fires. DAVE: Grandkids?  I’m excited to hear grandkids.  Grandkids, wow. KERI: Get excited dad. DAVE: Sounds great! KERI: Got to get married first.  Anyways.  Sh.  So, we know that proposition 5, a vote yes on proposition 5 will help even a lot of our clients who are trying to buy a property, and there’s more people that would sell if they could take their tax basis with them, and then these awesome young couples or young couples with babies could move into their houses, to their four and five bedrooms with pools.  So, overall, it will stimulate the economy, stimulate housing, open up inventory which we all know, we’ve had a shortage of inventory, right? DAVE: Right.  Let’s help these older people that worked all their lives to support the community they live in.  Let’s help them out, now that they’re old and retired and enjoy life. KERI: Yes!  And help the disabled and help the natural disaster victims.  Proposition 5!  Vote yes!  Again, if you have any questions about proposition 5 or proposition 10, do your research.  We always vote for real estate wealth and real estate economy and your wealth, and that is why we are giving these tips today on Keri TV. DAVE: Fantastic. KERI: Fantastic.  Thank you for joining me.  

Kenneth Mejia is an activist millennial challenging Jimmy Gomez from the left. He is a 27-year-old first generation Filipino-American Community Organizer, Certified Public Accountant (CPA), and Board Member of the Wilshire Center Koreatown Neighborhood Council.As a Neighborhood Council Board Member, Kenneth fights for working class families and those living in poverty constantly voting “No” on statements of support for real estate developments of market rate apartments being built due to the higher rent increase and displacement it will bring, and that the average working family in Los Angeles cannot afford these apartments. Kenneth has also taken the charge in pushing his Board to endorse the Repeal of Costa Hawkins which would allow cities across California to enact Rent Control. He is authentic and knowledgeable. Join us as we discuss his platform and the issues in our District 34.You can read more about Ken and donate here: https://www.mejia4congress.com/ See acast.com/privacy for privacy and opt-out information.

We are just 13 days away from the mid-term elections, when Californians will decide the fate of Costa- Hawkins. Voting Yes for Prop 10 will overturn Costa-Hawkins, allowing cities to implement rent control however they want. Voting No on Prop 10 will keep the current status quo. Recently, Haas Institute for a Fair and Inclusive Society at UC Berkeley released a report stating why rent control is needed. Today on Ask Marc Anything, I take a look at this report and give my thoughts on it, as well as point out the flaws in the findings of the report.

Measure Q is Berkeley's response if Californians approve Proposition 10 this November, which would repeal the Costa Hawkins Rental Housing Act. Quick reminder: Costa Hawkins is a 1995 law that largely prevents cities and towns from having rent control.

This proposition would allow cities to expand their rent control ordinances by repealing the 1995 law known as Costa Hawkins.

On today's episode of Loud & Clear, Brian Becker and John Kiriakou are joined by Richard Wolff, a professor of Economics Emeritus, University of Massachusetts, Amherst and founder of the organization Democracy at Work, whose latest book is “Capitalism's Crisis Deepens: Essays on the Global Economic Meltdown.”Ten years ago today investment banking giant Lehman Brothers collapsed, turning a smoldering economic slowdown into the worst recession in modern American history. In 2008, Federal Reserve officials gave many reasons why they were unable to save Lehman Brothers—the bank’s collateral was inadequate, they lacked legal authority—but the result wiped out an institution with $619 billion in assets, the largest bankruptcy filing in U.S. history. Experts estimate the the collapse and its ripples cost the American taxpayer more than $1.4 trillion, a burden that was shouldered mostly by the poor and working classes. Have we learned anything in the past decade? Friday is Loud & Clear’s regular segment on the midterms, taking a look at political races around the country in the runup to midterm elections in November. Jacqueline & Abdus Luqman, the co-editors-in-chief of Luqman Nation, which hosts a livestream every Thursday night at 9:00 p.m. on Facebook, join the show. Former Trump campaign chairman Paul Manafort was in federal court in Washington where he pleaded guilty today to felony counts of conspiracy against the United States and conspiracy to obstruct justice. Manafort had been found guilty two weeks ago of eight felony counts in a federal court in Virginia. His earlier jury was deadlocked on 10 other felonies; those too have now been dropped. But most importantly, Manafort has agreed to cooperate with the Mueller investigation, although it is still unclear against whom he will testify. Brian and John speak with Daniel Lazare. He is a journalist and author of three books—“The Frozen Republic,” “The Velvet Coup,” and “America's Undeclared War.” Hurricane Florence made landfall in North Carolina last night at a crawling pace and with overwhelming storm surges. Florence is weaker than many experts expected. There won’t be a lot of wind damage. But there will be flood damage. And many residents of North and South Carolina are simply unable to purchase flood insurance. We’ll look at why. Antony Loewenstein, a journalist who is the author of “Disaster Capitalism: Making A Killing Out Of Catastrophe” and the co-producer/writer of the documentary film, “Disaster Capitalism,” joins the show. Pima County, Arizona, like many border counties, has had a policy of requiring local law enforcement officials to cooperate with Immigration and Customs Enforcement, or ICE, in the detention of undocumented immigrants. But that is changing. Pima County has now become the first border county to refuse to cooperate with ICE. Isabel Garcia, co-founder of Coalición de Derechos Humanos, joins Brian and John. Californians in November will vote on Proposition 10, a measure that would allow localities to create or extend rent control in some buildings. It would repeal the current law, called the Costa-Hawkins Rental Housing Act. Critics of the current law say that Costa-Hawkins encourages gentrification and pushes the poor, the working class, and even many in the middle class out of their homes as prices continue to skyrocket. Daniel Sankey, a financial policy analyst, joins the show.It’s Friday! So it’s time for the week’s worst and most misleading headlines. Brian and John speak with Steve Patt, an independent journalist whose critiques of the mainstream media have been a feature of his blog Left I on the News and on twitter @leftiblog, and Sputnik producer Nicole Roussell.

An ENTIRE EPISODE dedicated to Prop 10, the most expensive November state ballot measure in America and one with major ties to LA. Scott, Alissa and Hayes get into Costa-Hawkins, the rent control law that Prop 10 would repeal, the man behind the measure, and what passing or not passing it could mean for the city.

Welcome back to another episode of Highest and Best. This week, our guest is Bill Davis of Hinds Realty, making his second appearance on the podcast. This week, we discuss more on the upcoming Costa-Hawkins bill, development in Oakland, changes we'd like to see in the real estate industry, tips for how to increase the value of your home and how to serve your clients better when you are a brand new agent. Contact: 510-685-9178 Website: hindsforhomes.com/agent/bill-davis/   1:37 Getting Started 2:02 Upgrade tips for sellers 6:24 Staging for houses 10:54 Current market trends 15:10 Costa-Hawkins 19:33 Future of the Real Estate Agent 28:14 New agents and buyers 33:41 Oakland Coliseum 37:16 Change a Real Estate rule 38:38 Video making/ marketing 47:50 Wrap up

A good Realtor has their finger on the pulse of local real estate trends. Part of the reason I started this podcast was to showcase these real estate professionals. Our guest today is Stephanie Billet and I've had the pleasure of knowing her the last few years as we co-chaired the local Young Professionals Network. Stephanie has parlayed her family's long history and knowledge of the Bay Area into a successful real estate career. On this episode we discussed her new real estate company, the various challenges surrounding starting a company, the Rent Relief Act, Costa-Hawkins repeal and the latest market data indicating a shift in today's real estate market. Website: https://www.inhabiteastbay.com/agents/Stephanie+Billett Email: sjbillett@gmail.com                Phone: 925-890-7480   2:03 Getting Started 2:27 What has your attention right now? 3:32 Adding partners for a business 8:11 Bay Area family history 15:52 Current market shifts 21:14 Loan interest rates 28:39 Costa-Hawkins repeal 30:58 Rent Relief Act 32:07 Tax plan impact on home buyers 33:37 Challenges of starting a company 40:46 East Bay living 43:32 Getting involved in the community 45:03 Wrap up/ Contact info

Costa-Hawkins, the 1995 law that froze rental control in California, is officially on the chopping block, come November voters will decide whether to allow cities and counties to expand rent control. Prop 10 made it to the ballot through the dedicated work of community organizers and neighbors collecting hundreds of thousands of signatures across the state. The Alliance of Californians for Community Empowerment (ACCE) was at the front of this effort. Rene Moya, the Housing Campaign Organizer with ACCE here in LA, joins me to talk about getting on the ballot, common arguments we will need to counter, and what the fight will look like once we repeal Costa-Hawkins. To learn more about ACCE: https://www.acceaction.org/ To learn more about the Los Angeles Tenants Union: https://latenantsunion.org/en/ For more information on Prop 10: https://voteyesonprop10.org/

If you've been following our blog, you're already aware of the efforts underway to impose rent control in California. Since our previous update, there have been some major new developments that I wanted to share with you: 1. The California ballot initiative has received enough signatures to get on the November ballot. It will be called Proposition 10, and if passed, it will repeal the Costa-Hawkins Act, which limits the kind of rent control policies that cities can impose. If Proposition 10 is passed, cities will be permitted to enact their own rent control initiatives. Currently, the law makes it illegal for cities to impose rent control ordinances on properties built after 1995. In addition, the Costa-Hawkins Act prohibits cities from imposing rent control on single-family homes, condos, and from regulating how much a landlord can charge in rent after a tenant moves out. “It doesn't look like rent control will be on the ballot in Long Beach this year.” 2. Backers of a rent control ordinance in the city of Long Beach have suspended their plans and are refocusing on a ballot initiative in 2020. It doesn't look like rent control will be on the ballot in Long Beach this year. If you own an investment property and would like to know how Proposition 10 may impact you, don't hesitate to give me a call or send me an email. I would love to hear from you soon.

Ideally, renters should not have to pay more than 30 percent of their annual income on rent. Unfortunately, that idea is not always a reality. To combat that, California Senator Kamala Harris is proposing the Rent Relief Act, which would provide low income families that are paying more than 30 percent of their income to rent a tax credit to offset those payments. Today on Highest and Best we welcome back Eric Meyers of WestPro Realty. We get his thoughts on how the Rent Relief Act might impact the Bay Area housing market and how it might fit in with the upcoming Costa- Hawkins vote this November. Phone: 510-233-5000 (call or text) westprorealty@gmail.com Website: http://www.westprorealty.com/0/Home 2:40 Rent Relief Act NIMBYs 13:05 Costa Hawkins Repeal 17:24 State of emergency price gouging 26:35 Zillow and the rental market 35:46 California Association of Realtors Tax Probability Initiative 43:08 Wrap up/ Contact info

With the cost of rent in many cities across California at an all-time high, efforts have been made to support ballot initiatives that would make it easier for cities to implement some form of rent control. Whether you're a real estate investor, a homeowner, or a renter, these ballot initiatives will have a major impact on housing, if passed. On the state level, supporters have gathered a sufficient number of signatures for the initiative to be placed on the ballot this November. This initiative would repeal the 1985 Costa-Hawkins Rental Housing Act, which makes it illegal for cities to set rent caps on properties built after the year during which their respective city rent control laws were passed. In Los Angeles, for example, the main rent control law is the Rent Stabilization Ordinance. This law, passed in 1979, restricts rent control on units built prior to October of 1978. “At least 15 California cities have rent control policies right now.” Costa-Hawkins also bars cities from passing rent control ordinances on condominiums and single-family homes. It also prohibits cities from reckoning how much a landlord can raise the rent after a tenant moves out, under a policy known as vacancy control. Right now, at least 15 California cities have rent control policies. In the Los Angeles area, this includes the City of Los Angeles, West Hollywood, Beverly Hills, Thousand Oaks, and Santa Monica. There are also efforts underway to implement some form of rent control in other cities throughout the state, including Long Beach, Inglewood, and Pasadena. In Long Beach, for example, the proposed initiative would cap rent hikes for most apartments built before 1995 at 5% or lower. It would also establish a citywide Rental Housing Board, which would be funded through fees charged to landlords. If you would like more information about how these ballot initiatives may affect you, please reach out through our website at https://www.imcd.com/, give us a call, or send us an email. We look forward to hearing from you soon.

“Millennials: Walking around as if they rent the place.” Perhaps no demographic in the Bay Area has felt the pain of the housing crunch worse than the millennials. With low income, paying off student loans and having to deal with rising rents, trying to start a life of your own can be incredibly difficult for millennials. Difficult, but not impossible. Our guests this week on Highest and Best, our guests are Felicia Mares of Abio Properties and Marco Vaticano of the Paragon Real Estate Group. Both are millennials who understand the challenges that those in their age group face trying to make a living here in the Bay Area, and today, will hope to provides tips and insight to help young renters and buyers to find a way to settle into their own home. Felicia: http://abioproperties.com/agents/felicia-mares/ Marco: https://www.paragon-re.com/san-francisco-bay-area-real-estate-agents/596 2:07 Getting Started 4:54Marco getting into real estate 7:21 Catching up with Felicia 8:51 Challenges for Millennials in the Bay Area 12:26 Budgeting to save for a down payment 15:35 Checking and monitoring your credit 20:23 College tuition and students loans impact 22:17 Where to find housing deals 28:07 Costa-Hawkins 39:35 Breaking into real estate 47:26 Contact info/ wrap up

With the cost of rents in many cities in California at all-time highs, there are efforts to have a ballot initiative and to implement some form of rent control in some cities. Whether you are a real estate investor, a homeowner, or a renter, these ballot initiatives will have a major impact on housing if passed. On the state level, supporters claim that they have gathered enough signatures to have a ballot initiative placed on the November ballot that would repeal the 1996 Costa-Hawkins Act. If you are unfamiliar with this act, it sets limits on the kind of rent control that cities can impose on landowners. The law makes it illegal for cities to apply rent caps to properties built after 1995 or when the city rent control was passed. The main rent control law is called the Rent Stabilization Ordinance. It was passed in 1979 and restricts rent control to units built prior to October 1978, a date frozen in place because of the Costa-Hawkins Act. “There are efforts underway to have some form of rent control on the ballot in Long Beach, Inglewood, and Pasadena.” The Costa-Hawkins Act also bars cities from passing rent control on rented condominiums and single-family homes. Additionally, it prohibits cities from regulating how much a landlord can raise the rent after a tenant moves out. The initiative that we expect will be on the November ballot would repeal Costa-Hawkins. At least 15 California cities have rent control policies in place right now. In the LA area, they include West Hollywood, Beverly Hills, Thousand Oaks, Santa Monica, and the city of Los Angeles. In addition, there are efforts underway to have some form of rent control on the ballot in Long Beach, Inglewood, and Pasadena. In Long Beach, the proposed ballot measure would cap rent hikes for most apartments built before 1995 at 5% or lower. It would also establish a city-wide rental housing board, which would be funded through fees charged to landlords. If you would like more information on these ballot initiatives and how it might impact you, please feel free to reach out and give us a call or send us an email. We would love to hear from you soon.

The debate over rent control is at a new crossroads. Tenant advocates say they've collected enough signatures to ask voters in November to repeal Costa Hawkins, a state law that curbs rent control polices in some cities. We ask ... what exactly is Costa Hawkins, again? Guest: Jessica Placzek, reporter for Bay Curious at KQED

The Bay Area Real Estate Market is always changing in some way or another. The latest change could come in the form of rent control. The future of Costa Hawkins could rest in voters hands this November. If it is repealed, it could have major implications here in the Bay Area. Our guests today are Rachael Hand of Golden Gate Sothebys and Kerri Naslund- Monday of Keller Williams to talk about how Costa Hawkins could impact the housing situation in the Bay Area. We also focus on single home buyers and look back on some of the people who helped shaped our guests careers. Rachael: http://handrealestate.com/ Kerri: http://theeastbayagent.com/   1:04 Opening 1:30 What's New Rachael is President-Elect of the Contra Costa Association of Realtors Kerri is growing her team Experimenting with online bidding for rentals 4:34 Costa Hawkins Battle Opinions on Costa Hawkins Impact its repeal could have on California housing 12:54 Developer blames NIMBYS 14:31 How a Costa Hawkins repeal could impact property owners 16:39 Forcing tenants out of properties/ The Ellis Act 20:40 Single Family Homebuyers and the housing crisis 30:51 Mentors you've had in your career 42:12 Wrap Up

Rent Control and Costa-Hawkins (Episode 43) by CALIFORNIA ASSOCIATION OF REALTORS and the CENTER FOR CALIFORNIA REAL ESTATE

Expanded rent control won't be coming to your city anytime soon--at least via the state legislature. Matt and Liam discuss why the repeal of Costa-Hawkins died at a dramatic Assembly hearing last week. First, Liam flags some other major housing bills you should keep an eye on (2:45). Then, an Avocado of the Week where in the middle of a hearing on rent control a legislator admits he doesn't know a key law affecting landlords and tenants (6:40). Matt and Liam then recap the drama of the hearing (9:40), including the charged atmosphere, why certain Democrats voted no, and whether there was a compromise to be had. Then, an in-studio interview (with good sound quality!) with Asm. David Chiu from San Francisco, head of the Assembly Housing and Community Development Committee (30:00). Special thanks to our friends at Capital Public Radio for allowing us to record the interview in their facilities.

Photo by Long Beach Residents Empowered Tenants gathered at a Statewide Renters Assembly in Alameda over the weekend.  Ava and Fernando Nadal were there, gearing up to lead an attack on the landlord demon law, Costa Hawkins*.  This, despite the impending loss of their home and Fernando's upcoming major Ava & Fernando Nadal. Photo by Ridge Gonzalez, L.A. Eviction Defense Network surgery.  Adrienne Lauby talks with them. If you've been asked to “tell your story” to a funder or politician, stick around for Sheela Gunn-Cushman's essay.  If you've ever asked a consumer, client or constituent to “tell your story,” you must listen as Sheela explores the grueling, degrading and thankless nature of this activist tool many of us rely on. *Costa Hawkins is a state-wide law that limits the number, type and age of homes that can be covered by rent control.  It was passed in the late '90s at the request of landlord and realtor groups.  Local groups working for rent control and just cause eviction find it a major barrier to success. Protest of AirBnB Hats off to a coalition of advocates for disabled people, seniors and tenants who rallied at the San Francisco headquarters of Airbnb on Oct.19.   Despite Airbnb's $30 billion dollar market value, Airbnb's hosts routinely discriminate against people with disabilities.   There's nothing innovative or disruptive about discrimination, and there's no law protecting a ‘platform's' right to embrace it.” Bob Planthold said, “Airbnb is a dominant player in the travel industry. It's past time for the corporation to assume responsibility for ensuring all travelers have access to its accommodations.” For more on this issue, contact Senior and Disability Action in San Francisco. Their phone is (415) 546-1333. IHSS Draconian Restrictions Due to new Federal requirements in the CURES Act, California will soon monitor the coming and going of In-Home Supportive Services (IHSS) recipients and our care providers with some form of a call-in system for monitoring and tracking when an IHSS recipient's care provider arrives to clock in and out for work, verifies the presence of the IHSS recipient, verifies or tracks the location of the recipient, and demands to know the services (tasks) rendered or delivered to the IHSS recipient during the providers' working hours. There will be a series of stakeholder meetings in Sacramento to help plan these changes.  This is the first one: Thursday, Oct. 12 10 a.m.-noon CDSS, 744 P St., Sacramento. OB 8, Room 235/237 If you plan to attend in person, please RSVP to jeffrey.berndt@dss.ca.gov To attend by phone, contact: Kim Rutledge at Kim.Rutledge@dss.ca.gov Those of us with disabilities who are IHSS recipients should look at these regulations and provide input and feedback as we will be impacted by this Big Brother regulatory oversight of our lives. We can only presume that this paternalistic approach to monitoring the coming and going of our IHSS providers (and waiver providers) will result in an infringement of our freedom of mobility and how we will be forced to live our lives on a short leash or under some adverse system of tracking with calling in or out similar to a criminal wearing an ankle bracelet. If the state fails to comply with these new regulations, the state will lose federal funding. Axis Dance Hold the last weekend of Oct. The disabled and non-disabled, mixed-ability group, Axis Dance, is celebrating their 30th anniversary with performances titled “Onward and Upward.” It's a program of three dances, including one by their new Artistic Director, Mark Brew. That one was created in collaboration with JooWan Kim, artistic director of the Hip-Hop Orchestra. That's Axis Dance performances — the last week of October. ——- This program produced and hosted by Sheela Gunn-Cushman and Adrienne Lauby. The post Renters Assemble & “Telling My Story” appeared first on KPFA.

Legal aid attorneys battle displacement in eviction court. Two advocates debate the rent control law known as Costa-Hawkins.