Friday, September 20, 2019

Pacific region

Pacific region includes: Alaska, California, Hawaii, Oregon and Washington

Oregon likely to become first in the nation to adopt statewide rent control

As home and rental prices rise across the country, more and more locales are giving serious consideration to a policy long denounced by economists: rent control. That includes Oregon, which increasingly looks likely to...

Big efficiency, little cost

In 1996, the Department of Defense (DoD) created a program to move the ownership and management of housing for service personnel to private companies as part of a Public-Private Venture (PPV) program. The idea...

Are market-based rents on their last song?

If voters opt yes on Prop 10, we can say hello to new—and, frankly, aggressive—rent control regs in California. Local municipalities would have the ability to put rent caps on all rental properties—single family,...

The great disappeared

The state remains one of the most unequal in the nation—one that has both billions of dollars in Silicon Valley and rampant homelessness. The Golden State’s efforts to eliminate poverty instead accentuates it, and...

Essex spends big to defeat rent control measure

Essex generates 84 percent of its net operating income in California, far more than any other large apartment REIT. That explains why Essex has contributed more to defeat the measure than any other public...

New lawsuit in Seattle: Housing ordinance is unfair and unconstitutional

Seattle’s Fair Chance Housing Ordinance, passed by city council in 2017, forbids landlords from considering applicants’ criminal histories when selecting tenants. In other words, landlords cannot base a rental decision on concerns over their...

Wind at our back

The new tax system, which was reformed for the first time in 32 years in December, strips away some of the long-standing benefits that would incentivize Americans to become homeowners. “This is definitely a tailwind...

The push for rent control

In November 2018, election ballots in California might include a question on rent control. Right now, California law restricts the spread of rent regulations on housing built after 1995, in addition to many older...

Investor’s latest sweetheart: workforce housing

There is expected demand for an additional 4.5 million new apartments in the U.S. by 2030, according to data from the Workforce Housing Committee of the National Multifamily Housing Council, Washington. What’s more, deal activity...

A gem regains its luster and a city gains apartments

On a plot of land between Immanuel Presbyterian Church, now listed as a Los Angeles Historic-Cultural Monument, and the Ambassador Hotel, home of the Coconut Grove nightclub and host of the 1930 Academy Awards,...

The high cost of incivility

The nasty looks and belittling comments reached a point at law firm Bryan Cave, in Irvine, Calif., that the partners held a civility workshop. Managing partner Stuart Price says working together toward a common goal...

The ever-prescient landlord

In August 2016, Seattle, Wash., a city where the U.S. Census bureau estimates that 48 percent of the population are renters, the city council revised its open housing ordinance to include “first-in-time, first-in-line” provisions....

The unexpected solution to America’s affordable housing crunch: the urban movement

The ones currently doing the kicking are the YIMBYs, a loosely allied collection of pro-development housing advocates whose name plays on the acronym NIMBY (“Not In My Backyard”), replacing the “Not” with an emphatic...

Welcome to paradise

Anant Yardi faced such a dilemma in the early 80s while living in Santa Barbara, Calif., where he worked as a software developer for Burroughs, a business equipment manufacturer (Burroughs merged with Sperry Univac...

Gunfight at the Airbnb coral

That means Airbnb and others must stick to advertising San Francisco hosts who have registered with the city and haven’t exceeded the number of nights they’re allowed to rent. The penalty? Platforms can be...
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