Scorching Real Estate: Comparing the California, B.C. and Fort McMurray Wildfires’ Impact

  Last August was devastating for British Columbia (B.C.) and California — each had declared a state of emergency because of wildfires. Both the province and the state experienced a severe decline in tourism, mass evacuations and seemingly unending fights to contain the conflagrations. There was significant loss on both sides, though as far as impact on Continue reading Scorching Real Estate: Comparing the California, B.C. and Fort McMurray Wildfires’ Impact

Costa-Hawkins Prevails, Securing Certainty in the Los Angeles Multifamily Market

On Tuesday, November 6, 2018, Californians took to the polls to determine the fate of Proposition 10, a statewide rent-control measure that would repeal the Costa–Hawkins Rental Housing Act (Costa-Hawkins) and allow individual municipalities to exercise more control over multifamily rental rates. The citizen-run measure was stopped in its tracks with a voting margin of Continue reading Costa-Hawkins Prevails, Securing Certainty in the Los Angeles Multifamily Market