When first introduced, AB 2282 would have limited the number of single-family home rentals allowed in a given ZIP code. Then, it would have required all the single-famly rentals be registered with the state. Now, thanks to the lobbying efforts of CAA, the bill by Assemblyman Ian Calderon will do neither. The current version of AB 2282 aims to create a report of how large-scale buy-to-rent investors have affected California’s real estate market. The legislation has been reinvented repeatedly since it emerged in February. Perhaps most alarming was the original version’s limit on the number of single-family homes that property… Read More

Under a bill opposed by CAA, all property owners who regularly rent out a single-family home would have to register the property annually with California’s Department of Business Oversight, a costly and ineffective mandate that would compromise privacy rights of both landlords and tenants. “This is extremely overreaching at a great cost to the State of California with no clear benefits except to collect and make public the data,” CAA says in its opposition letter to the legislation. The bill, AB 2282 by Assemblyman Ian Calderon, D-Whittier, is intended to dissuade large-scale buy-to-rent investors from purchasing homes and turning them… Read More