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  2. 1978 California Proposition 13 - Wikipedia

    en.wikipedia.org/wiki/1978_California_Proposition_13

    California's voters would approve higher income and capital gains tax rates on the state's wealthiest residents to increase K-12 school funding in subsequent years: voters approved tax increases with Proposition 30 in 2012 (which was extended to 2030 with 2016 California Proposition 55), raising tax rates on income and capital gains over ...

  3. Ellis Act - Wikipedia

    en.wikipedia.org/wiki/Ellis_Act

    The Ellis Act (California Government Code Chapter 12.75) [1] is a 1985 California state law that allows landlords to evict residential tenants to "go out of the rental business" in spite of desires by local governments to compel them to continue providing rental housing.

  4. Property tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Property_tax_in_the_United...

    Following determination of value, tax assessors are generally required to notify the property owner(s) of the value so determined. [38] Procedures vary by jurisdiction. In Louisiana, no formal notice is required; instead, the assessor "opens" the books to allow property owners to view the valuations. [39]

  5. Homeowners have nearly 40x the wealth of renters. But what's ...

    www.aol.com/homeowners-nearly-40x-wealth-renters...

    Some 27% of renters pay more than half their income for housing. As of 2023, 54% of homeowners had incomes that were higher than their expenses. Just 39% of renters had positive cash flow.

  6. Imputed rent - Wikipedia

    en.wikipedia.org/wiki/Imputed_rent

    Imputed rent is the rental price an individual would pay for an asset they own. The concept applies to any capital good, but it is most commonly used in housing markets to measure the rent homeowners would pay for a housing unit equivalent to the one they own. Imputing housing rent is necessary to measure economic activity in national accounts ...

  7. Yes, your landlord can increase your rent that much. A local ...

    www.aol.com/yes-landlord-increase-rent-much...

    If you rent in the city of Bellingham, your landlord must give you at least 120 days notice of an increase in your rent. If you are in the area but outside of city limits, your landlord only has ...

  8. State report: California utility prices rising 51% faster ...

    www.aol.com/news/state-report-california-utility...

    Overall inflation in California remains 7.3% lower than the United States average since January 2020, largely due to lower housing inflation. Rent costs nationwide grew 25.9%, compared to 20.3% ...

  9. Rental value - Wikipedia

    en.wikipedia.org/wiki/Rental_value

    Rental value is the fair market value of property while rented out in a lease. More generally, it may be the consideration paid under the lease for the right to occupy, or the royalties or return received by a lessor ( landlord ) under a license to real property . [ 1 ]

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