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Proposition 33, titled Expands Local Governments’ Authority to Enact Rent Control on Residential Property, and also marketed as the "Justice for Renters Act", was a California ballot proposition and initiative statute in the 2024 general election that would have repealed the Costa–Hawkins Rental Housing Act and allowed localities to enact ...
Typically, a landlord has more information about a home than a prospective tenant can reasonably detect. Moreover, once the tenant has moved in, the costs of moving again are very high. Unscrupulous landlords could conceal defects and, if the tenant complains, threaten to raise the rent at the end of the lease.
By comparing California over the period 1970 to 2000 with other states, (using data from the US Census Bureau, not state or county-level property records) [6]: 9 Wasi and White (2005) estimated that Proposition 13 caused homeowners to increase the duration of time spent in a given home by 9% (1.04 years), and renters to increase their tenure by ...
Rents have since risen even more in the city of San Diego, to $2,336 per month as of November 2024—up 21% from 2020, according to RentCafe and the Tribune. That's 50% higher than the national ...
Still, this increase is more than triple the 2.2% annual rent increase seen during the same month two years ago. Click here for the latest economic news and economic indicators to help you in your ...
In what it terms a "renters bill of rights," the Biden administration has unveiled a new plan of action to protect American renters from unfair housing practices and steep rent increases. See: 40...
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