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follow Patrick 2018 May 17, 8:24pm
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“These renter groups are starting to speak out and say, ‘These rents are ridiculous.’ They’ve gotten more organized than they ever have been,” he said. “I started getting a little freaked out or a little scared or concerned [that] this could really happen.”In late April, a coalition of housing advocates said they submitted some 595,000 signatures, more than enough to get a measure on the ballot in November to repeal Costa Hawkins, state legislation that prevents cities and towns from imposing rent control on buildings constructed after 1995 and on single-family rentals.Both sides are gearing up for a fight and are expected to spend tens of millions of dollars on campaigning.In Santa Monica, the number of properties on the market is at the highest level in 20 years, according to Tony Solomon, a first vice president at Marcus & Millichap based in southern California. Mr. Solomon said there are 90 properties on the market, about 80% more than normal.
Good deal. There needs to be some limits to the greed that is everywhere.
This means nobody will want to build apartments as well.
The greed is......I want to live in an area I cannot afford, and I want someone else to pay for it
Strategist saysThe greed is......I want to live in an area I cannot afford, and I want someone else to pay for itYup they can move to Michigan . I moved away from CA-gee I should have organized a petition to make a Malibu beach house mansion to be rented to me for 500 bucks a month.