In case you haven’t heard, the city of Santa Cruz is marching towards establishing rent control. Recently, the Santa Cruz City Council voted to adopt two new “emergency” ordinances: a rent freeze, and a new requirement for “just cause evictions.” These ordinances were put in place to freeze current rents while efforts are underway to […]
We in California are in the midst of an extreme housing crisis. One way this shows up is as exorbitant prices to both buy and rent homes throughout the state. I’m fine with high prices, so long as they’re affordable. Unfortunately, they’re not: home affordability in our area is absolutely terrible. It’s about 15% […]
And now, today, here’s the scoop: [From Prop. 99 passes; Prop. 98 defeated – Los Angeles Times ] Californians on Tuesday rejected a state ballot measure that would have phased out rent control and barred government agencies from taking homes, businesses and farms for private development. … I mean, I assumed it was evil money-grubbing corporations and whatnot behind Prop 98 – but over the course of the “campaign” I learned that the Howard Jarvis Tax Payer’s Association was backing this one. … But we can all relax now – the good people of California saw through the sham that was Prop 98 and voted YES for Prop 99. We can keep the rent control in our mobile home parks – which is good if you are a mobile home owner, because had Prop 99 passed, your mobile home would have instantly been much more difficult to sell, since a good chunk of what you’re selling is really a rent controlled lease.