Tag: California

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

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  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

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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