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(The Center Square) – Real estate experts say California’s anti-price-gouging laws could make it impossible to rent out housing to the thousands of families displaced by the ongoing wildfires ...
Peter Vanek, president of PVRK, a Southern California-based real estate consulting company, said his home was destroyed by a battery fire in 2023. His insurance initially estimated $350,000 for ...
2021 California Senate Bill 9 (SB 9), [1] titled the California Housing Opportunity and More Efficiency (HOME) Act, is a 2021 California state law which creates a legal process by which owners of certain single-family homes in single-family zoned areas may build or split homes on their property, and prohibits all cities and counties from directly interfering with those who wish to build such ...
The Los Angeles wildfires have set off a stampede to find housing, leading some property owners and managers to raise rents higher than the 10% limit in emergencies.
Employees headquartered in Sacramento and in district offices in Oakland, Fresno, Los Angeles, and San Diego carry out the DRE's responsibilities as mandated by the Real Estate Law. [1] There are 437,806 real estate licensees in California as of December 2022. [2]
Even for many renters." In September 2019, the Washington Post argued, [109] "Rent-controlled laws can be good for some privileged beneficiaries, who are often not the people who really need help. But they are bad for many others." In September 2019, the Wall Street Journal wrote, [110] "Economists of all stripes agree rent control doesn't work ...
The new rules “should lead to commissions falling 25% to 50%, which we view as benefiting online real estate brokers,” Seiberg wrote, but he warned it’s too early to declare “the end of ...
In 2023, it became one of seven real estate trade association member organizations composing the Commercial Real Estate Diverse Supplier (CREDS) Consortium. [14] In 2017, the organization opposed the full-expensing of structures proposed under the Tax Cuts and Jobs Act (TCJA), arguing for real estate investment to be "demand-driven, not tax ...