I’ve been getting a lot of calls lately from nervous investors asking about what I think about the recent attempts to repeal Costa Hawkins and the Battle Over Costa-Hawkins AB1506 in general. For those who aren’t familiar, Costa-Hawkins Rental Housing Act enacted in 1995 is a state mandate that places limits on rent control that municipalities often establish through populace support. It prohibits cities from enacting rent control on certain types of properties such as single-family homes and condos.
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Filed under Market Conditions, Uncategorized · Tagged with alameda county rents, apartment building investing, costa hawkins, investing in california real estate, oakland rental market, rent control