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

The Great Costa Hawkins Debate: How the Los Angeles Multifamily Market Hangs in the Balance

For renters across the Los Angeles multifamily market, 2018 has been both an interesting and challenging year, with fears of wildfire damages to their homes as well as the continuing debate surrounding Proposition 10, the statewide rent control law that, if passed, will repeal the Costa-Hawkins Rental Housing Act (Costa Hawkins) and give municipalities more Continue reading The Great Costa Hawkins Debate: How the Los Angeles Multifamily Market Hangs in the Balance