It looked like California might be turning a corner in the coronavirus recession, as unemployment leveled off at a jarring 16.3%, and thousands of waiters, bartenders and hair stylists were going back to work. Then came the surge in infections, and with it a new wave of business closures. Now a high-stakes battle is raging […]
5 Takeaways: What Rent Hike Law Means for Real Estate
State legislators passed AB 1482, a bill from Assemblyman David Chiu (D-San Francisco), which limits annual rent increases to 5% plus the rate of inflation (typically 2%-3%). Modeled after a first-in-the-nation Oregon measure adopted earlier this year, the bill also requires landlords to provide a “just cause” for evicting tenants and, in some circumstances, pay for […]
CA Deal Could Provide Money for Homeless
As California contends with dramatic increases in its homeless population, Gov. Gavin Newsom and legislative leaders agreed to send hundreds of millions of dollars to local governments to help address the problem while also cajoling cities and counties to allow more housing development. The deal, which the Legislature had not voted on as of our […]
Politics Getting in the Way of Housing Legislation
In the first half of 2019, members of the California Legislature introduced roughly 200 bills that addressed the state’s worsening housing crisis. By the end of May, most of them had been nixed by the Byzantine nature of California politics. So why can’t California pass real housing reform? Among members of the Bay Area caucus, […]
CCRE: CA Missing the Mark
There is no question that California’s Regional Housing Needs Assessment (RHNA) process has failed to live up to its stated purpose, as most jurisdictions have continued to fail to meet their housing goals and those that do perform well often do so because there’s a relatively low bar of success. While the housing legislation package of 2017 may help […]
Gov. Newsom Proposes ‘Data Dividend’ for CA Residents
My personal data is certainly worth as much as a downpayment on a home. And if so, Gov. Gavin Newsom’s proposal that big tech companies pay a dividend to residents could, in theory, help me get one step closer to the American dream. The governor sees a “data dividend” as a way to address a widening […]
Feb. 25 – CVAR At A Glance
Featured Classes and Events Feb. 25 | CRMLS Training – CVAR West Feb. 26 | Project Winning Mindset – CVAR East Feb. 27 | How to Generate Leads – All Locations Feb. 28 | Contract College – Session 4 Mar. 4 | CRMLS Training – CVAR HQ Mar. 6 | HECM for Purchase – All […]
Jan. 22 – CVAR At A Glance
Featured Classes and Events Jan. 22 | Brokers/ Salesperson Cram Course – CVAR East Jan. 23 | Dispute Resolution in the RPA – All Locations Jan. 24 | Let’s Talk Feng Shui – All Locations Jan. 25 | Notary Masters – CVAR HQ Jan. 28 | CRMLS Training – CVAR West Jan. 29 | Understanding […]
Gov. Newsom Emphasizes Housing in Proposed Budget
California Gov. Gavin Newsom’s proposed state budget earmarks $1.75 billion in new funding to address the state’s severe affordable housing shortage. Newsom pledged to oversee production of 3.5 million new units of housing statewide during his campaign. Shortly after assuming the role of governor earlier this month, he doubled down on that commitment, calling for a “Marshall Plan […]