If you don't think landlords have a right to unlimited rent increases and to evict tenants for any reason, then you believe in rent control to curb rents and just cause to prevent unfair evictions.
Tenants and their supporters rallied in front of 1049 Market Street on November 12, demanding that landlord John Gall withdraw eviction notices for the building. Gall wants to convert residentially occupied units at 1049 Market to offices, a move that would displace tenants and reverse progress toward revitalizing Mid-Market. It’s the residents who keep the street alive after office workers leave, which is why the city is trying to increase housing in the area.
Chaos erupts after a measure that would have strengthened rent control failed to pass the State Assembly Housing Committee three weeks ago -- a major setback for tenants in the midst of the housing crisis.
Dozens of those protesters live in buildings owned by the largest landlord in San Francisco, Veritas Investments. I-Team Reporter Dan Noyes has been investigating complaints about the company.
Los Angeles rental prices went nowhere in January, remaining exactly where they were a month before, according to a new report from Apartment List.
Citywide, the median cost of a one-bedroom apartment is $1,340 per month, while two-bedroom rentals fetch $1,730.
Rents have shot up four percent since this time last year, says the report, but prices have actually dropped off a bit since August, when they hit $1,350 for a one-bedroom and $1,740 for two-bedroom units.
San Diego is the 10th most expensive city in the United States for renters, with a one-bedroom apartment renting for an average of $1,710 per month in February, according to a new report.
The report by Zumper, a national online apartment and home rental marketplace, also ranked San Diego as the fifth most expensive city for renters in California. San Francisco, San Jose, Los Angeles and Oakland all had higher rental rates as February began.
The one-bedroom rental rate in San Diego in February was 6.9 percent higher than a year ago.
Under the brim of a cowboy hat, Curtis Pearl glances down 17th Street from the doorway of the Pensione K Apartments in downtown Sacramento. It’s Monday, February 5: This is the day the former oil rig worker is scheduled to be evicted. Ironically, Pearl has the money to pay his rent. He insists his predicament is one of principle—and geography.
Bay Area renters hit with high prices and few choices last year may be in for more of the same in 2018.
Rates for one- and two-bedroom apartments in San Francisco, Oakland and San Jose last year stayed among the highest in the nation, according to new market reports. Scarce rentals and a robust local economy marked by steady tech hiring drove up Santa Clara County prices 3.2 percent from a year ago, according to real estate data firm Yardi Matrix.
The national average U.S. multifamily rent rose by $1 in January 2018, to $1,368, matching the national average rent recorded in July 2017 by Yardi Matrix’s Matrix Monthly report. Rents rose 2.8% year over year (YOY) at the national level through January, a 20-basis-point jump from December 2018.
Not only are the roads getting crowded but so is the demand for housing.
Cheap apartments are getting harder to find, as more and more people are looking to rent instead of buy.
We’re becoming a nation of renters. The national rental search company RentCafe says in the decade after 2006, the number of renters increased by more than 23 million.
That’s while fewer than 700,000 Americans became new homeowners.
SANTA CRUZ >> Advocates for rent control and just cause for eviction turned in the text of a proposed ballot initiative Friday to the Santa Cruz City Clerk.
Jeffrey Smedberg, retired county recycling coordinator, delivered the proposed Rent Control and Tenant Protection Act to interim City Clerk Bonnie Bush.
He was accompanied by Thao Le, a senior sociology major at UC Santa Cruz active in the Movement for Housing Justice, which is behind the ballot initiative.