Sep 4 2018 38376 1

Dated: 09/04/2018

Views: 99

Help Pass Prop 5 and Defeat Prop 10

The stakes have never been higher for Home Owners and before you know it the Nov. 6 election will be here. On the ballot, we will be faced with an initiative that could dramatically improve housing opportunities for millions of Californians (Prop 5) and another that could destroy housing affordability (Prop 10).

Your participation in efforts to PASS Prop 5 and DEFEAT Prop 10 is VITAL. We simply cannot win on these critical ballot measures without the help of Realtors and the general public.  C.A.R. Past President Kevin Brown recently wrote an op-ed about rent control and Costa Hawkins. In the op-ed, Brown writes:
“Over the past 10 years it has been projected that we should have built 180,000 units per year to keep pace with population growth, when in reality we’ve only built an average of 75,000 units per year. To counter these deficiencies, the lack of local government planning and soaring housing costs, a growing number of cities throughout California have adopted measures to control the rent a landlord can charge a tenant and prevent property owners from taking possession of their property unless they pay considerable compensation to tenants. These policies have stigmatized apartments and single-family dwellings.
Enter the combustible world of rent control and real property rights, where the lines between ownership and tenant’s rights have been blurred to such an extent that, in many California cities, the differences are indistinguishable. What started as a local grassroots undertaking to control rents in a few cities over four decades ago has evolved into a movement that now threatens real property rights on a multi-state level.”

Latest Blog Posts

Feb 1 2020 38376 2

Mortgage Rates May Go Even Lower in 2020!Homebuyers can rest assured they’ll still get agreat deal on a mortgagethis year, even if they’re paying a high price for the actual home.In a

Read More

Feb 1 2020 38376 1

A guide to rent control in Los AngelesLos Angeles rents are among the highest in the nation, and withbuying out of reachfor most residents, millions of Angelinos are stuck paying for high-priced

Read More

Jan 3 2020 38376 2

Housing Outlook for 2020:  A good year to buy!Waiting for a good time to get in on thehousing market? Experts forecast that it’s likely to be another banner year in 2020.Mat Ishbia, CEO

Read More

Jan 3 2020 38376 1

Competition for housing is so high, the spring market is starting now!Spring has historically been the busiest buying season, but as competition for homes heats up across the country, January is

Read More