Podcasts about costa hawkins rental housing act

For nearly 30 years, the Costa-Hawkins Rental Housing Act has limited how far local governments can take rent control policies. This year, Proposition 33 asks California voters if they'd like to remove those limits. While nothing happens overnight, if Prop 33 passes, it could open the door for cities to control rents on any type of housing – including single-family homes and newer apartments. KQED housing reporter Vanessa Rancaño joins us to explore the issues. Additional Reading: Read a transcript of this episode Our 2018 Episode Explaining Rent Control Check out the KQED Voter Guide Sign up for our newsletter Enter our Sierra Nevada Brewing Company monthly trivia contest Your support makes KQED podcasts possible. You can show your love by going to https://kqed.org/donate/podcasts This story was reported by Vanessa Rancaño. Bay Curious is made by Olivia Allen-Price, Amanda Font, Christopher Beale, and Ana De Almeida Amaral. The Bay is made by Alan Montecillo, Ericka Cruz Guevarra and Jessica Kariisa. Additional support from Jen Chien, Katie Sprenger, Maha Sanad, Holly Kernan, and the whole KQED family.

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.

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

My name is Gautam Iyer, and I'm the host of Rest Assured, a podcast generally about the San Francisco Bay Area's housing crisis.   This episode is (finally!) the last of series of three episodes that are dedicated to the history of the housing crisis in California and in the Bay Area. This time, I talk at length about California housing history from the 80s until the present day, focusing on a number of topics, including the rise of homelessness nationally and in the Bay Area. I also discuss rent control, the great inversion, the Ellis Act, the Costa-Hawkins Rental Housing Act, and the state of the construction industry. Thanks for sticking with me thus far. On the next episode, I start with a brief recap of all of the history episodes, when you inevitably get lost or bogged down.   Thank you to Duke University's Kenan Institute for Ethics for giving me the opportunity to pursue this project.    Credit and additional thanks to: KTVU Fox 2 for the news clips in the intro. The California Apartment Association for their advertisement, via youtube. Fatcat beats (yes, Fatcat beats) on Youtube for the intro and outro music.https://www.youtube.com/watch?v=pLWKQpphd7k Kevin MacLeod for several pieces of music that were used on this episode and that will be used on future episodes.Licensed under a Creative Commons Attribution License  Source/artist: https://incompetech.com/ Acid Trumpet by Kevin MacLeodLink: https://incompetech.filmmusic.io/song/3340-acid-trumpet License: http://creativecommons.org/licenses/by/4.0/ Freesound.org for the several sound effects that you heard. Liam Dillon, Alex Nuñez, and Emily Ramos for sharing their knowledge of housing affordability issues with me. And the many others who made this possible.

My name is Gautam Iyer, and I’m the host of Rest Assured, a podcast generally about the San Francisco Bay Area’s housing crisis. This episode is (finally!) the last of series of three episodes that are dedicated to the history of the housing crisis in California and in the Bay Area. This time, I talk at length about California housing history from the 80s until the present day, focusing on a number of topics, including the rise of homelessness nationally and in the Bay Area. I also discuss rent control, the great inversion, the Ellis Act, the Costa-Hawkins Rental Housing Act, and the state of the construction industry. Thanks for sticking with me thus far. On the next episode, I start with a brief recap of all of the history episodes, when you inevitably get lost or bogged down. Thank you to Duke University's Kenan Institute for Ethics for giving me the opportunity to pursue this project.  Credit and additional thanks to:KTVU Fox 2 for the news clips in the intro.The California Apartment Association for their advertisement, via youtube.Fatcat beats (yes, Fatcat beats) on Youtube for the intro and outro music.https://www.youtube.com/watch?v=pLWKQpphd7kKevin MacLeod for several pieces of music that were used on this episode and that will be used on future episodes.Licensed under a Creative Commons Attribution License Source/artist: https://incompetech.com/Acid Trumpet by Kevin MacLeodLink: https://incompetech.filmmusic.io/song/3340-acid-trumpetLicense: http://creativecommons.org/licenses/by/4.0/Freesound.org for the several sound effects that you heard.Liam Dillon, Alex Nuñez, and Emily Ramos for sharing their knowledge of housing affordability issues with me.And the many others who made this possible.

Radio host and fourth-generation Angeleno Larry Mantle and policy experts Gary Painter and Richard Green provide an overview of CA Proposition 21 followed by a discussion on their opposing views of supporting or opposing the initiative for local rent control. If approved, it allows local governments to establish rent control on residential properties that have been occupied for over 15 years. Additionally, it allows landlords who own no more than two homes to exempt themselves from such policies. Relevant to the discussion is the 1995 Costa–Hawkins Rental Housing Act, which Prop 21 would repeal some of the provisions in the act.

Proposition 21 asks voters if local governments should be allowed to enact rent control measures. It would replace the Costa Hawkins Rental Housing Act, a state law pass in 1995 that limited what local governments could do. This is part of the Bay Curious Prop Fest series, covering the 12 statewide propositions on the Nov 2020 ballot. Additional Reading: Episode transcript: https://www.kqed.org/news/11841779 Bay Curious Episode on Rent Control: https://bit.ly/33ICNuc Prop Fest Homepage: https://www.kqed.org/propfest KQED Voter Guide: http://kqed.org/voterguide Reported by Joe Fitzgerald Rodriguez. Bay Curious is made by Olivia Allen-Price, Katrina Schwartz, Katie McMurran and Rob Speight. Additional support from Erika Aguilar, Jessica Placzek, Kyana Moghadam, Paul Lancour, Bianca Hernandez, Ethan Lindsey, Vinnee Tong and Michelle Wiley.

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.

This week, Roqayah and Kumars are joined by René Christian Moya. René is an organizer with the LA Tenants Union and has been working over the past year to pass California's Proposition 10, which would restore the rights of cities to expand rent control. René joins us to discuss the tenant-led movement against mass evictions, landlord harassment, and unfair rent increases. René gives us an important background lesson on the history of rent control in California, including the devastating impact of the Costa-Hawkins Rental Housing Act, which allowed for landlords to price-gouge tenants by exempting units from rent control if they were built after February 1995. We also examine the impact of this legislation on homelessness and food insecurity in California, which impacts some 300,000 children per year, and how the Prop 10 campaign aims to fight on their behalf. René closes us put with some critical optimism and necessary reflections on what the fight for housing and tenant rights will look like after votes as cast. Follow Renè on twitter @rcmoya84. You can also visit the LA Tenants Union’s website to become a member. A transcript for this episode will be provided upon request. Please send an email to deleteuracct @ gmail to get a copy sent to you when it is completed. If you want to support the show and receive access to tons of bonus content, subscribe on our Patreon page for as little as $5 a month. Also, don't forget to subscribe, rate, and review the show on iTunes. We can't do this show without your support!!!

On today's episode of Loud & Clear, Brian Becker and John Kiriakou are joined by João Rodrigues, a longtime political activist in Brazil, and Aline Piva, a journalist and a member of Brazilians for Democracy and Social Justice.Far-right populist Jair Bolsonaro won the presidency of Brazil yesterday with 55 percent of valid votes cast. Thirty percent of Brazilians cast blank ballots. Bolsonaro is seen as a populist and has been compared to Donald Trump and to Philippines President Duterte. He also has spoken warmly of Brazil’s 1964-1985 military dictatorship and said recently that he would have served in Hitler’s army if he had had the chance. Monday’s regular segment Technology Rules with Chris Garaffa is a weekly guide on how monopoly corporations and the national surveillance state are threatening cherished freedoms, civil rights and civil liberties. Web developer and technologist Chris Garaffa joins the show. Robert Bowers walked into the Tree of Life Synagogue on Saturday in Pittsburgh and opened fire with an AR-15 assault rifle. He’s facing 29 felony counts, including 11 counts of murder with a hate crime enhancement and the Assistant U.S. Attorney says that he will seek the federal death penalty. Bowers’ virulently anti-Semitic online posts presaged the attack. Brian and John speak with Mindy Isser, a labor organizer and member of the Jewish community in the Philadelphia area. The Wall Street Journal is reporting today that the number of troops the US is sending to the border in anticipation of a migrant caravan is up from the reported 800 last week to 5,000. They’re joining 2,000 National Guardsmen already there. Meanwhile, Mexican officials say that the size of the caravan has dropped by half as some migrants are electing to remain in Mexico’s southern Chiapas state. Jorge Barón, the executive director of the Northwest Immigrant Rights Project, joins the show. German Chancellor Angela Merkel announced this morning that she would resign from the leadership of the Christian Democratic Party in December and would not seek re-election as chancellor in 2021. The announcement was unexpected, but comes in light of a resounding defeat for Merkel’s coalition in recent regional elections in Bavaria. Activist and journalist Diani Baretto joins Brian and John. The fight for stronger rent control in California is headed to the ballot box next week. Proposition 10 would repeal the state’s Costa-Hawkins Rental Housing Act, which strictly limits rent control in cities across California. It’s blamed for the state having some of the highest rents in the country. Nathalie Hrizi, a public school librarian who ran on the Peace & Freedom Party ticket for state insurance commissioner in California in the last election and received over 5% of the statewide vote, joins the show.Monday’s segment “Education for Liberation with Bill Ayers” is where Bill helps us look at the state of education across the country. What’s happening in our schools, colleges, and universities, and what impact does it have on the world around us? Brian and John speak with Bill Ayers, an activist, educator and the author of the book “Demand the Impossible: A Radical Manifesto.”

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.

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.

This week we're covering housing! Prop 2 is covered by Jamie and it focuses on creating housing for individuals who suffer from mental illness. While Prop 10 was investigated by Hanako which is a initiative to repeal Costa-Hawkins Rental Housing Act.

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.

Host, Elena Popp, is joined by Francisco Duenas, from Property Owners for Fair and Affordable Housing, who will talk about the Costa-Hawkins Rental Housing Act of 1995, and will update our listeners on what rent control efforts are being made by property owners in Los Angeles. #OnEveryFridge Elena Popp is the Executive Director of the Eviction Defense Network. Visit Eviction Defense Network: edn.la or email at info@edn.la Housing Justice Radio with Elena Popp airs every 3rd Sunday of the Month (or the following Sunday after a holiday weekend) at 10AM on www.sgvlgbtq.org/qtalk-radio   QTalk Radio is a program of the San Gabriel Valley LGBTQ Center.