News: Mountain View
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The Mountain View City Council next
month is expected to move forward with a city-sponsored ballot measure aimed at
changing the local rent control law approved in 2016.
On Nov. 12, the council is expected to decide whether to place such a measure before city voters in the 2020 election.
Tagged: News Tri-County
Proponents of an initiative that would clean up Mountain View’s rent control law have submitted thousands of signatures in hopes of placing the measure before voters in November 2020.
On Monday, Oct. 8, a coalition of local homeowners, housing providers and residents filed 7,422 signatures with the Mountain View city clerk.
Since Measure V brought rent control to Mountain View in 2016, rental housing owners have responded by taking units off the market, making way for million-dollar condominiums. The proposed initiative would encourage owners to continue providing rental housing and protect Mountain View renters from displacement.
The city of Palo Alto on Monday, Oct. 16, will consider studying the possible adoption of a rent control ordinance.
Council members Lydia Kou, Karen Holman and Tom DuBois issued a proposal to study whether Palo Alto should:
Cap the annual rent increase by a certain percentage
Institute a just-cause eviction ordinance
Study other open-ended renter protections
Palo Alto’s high housing costs can be traced to the city’s inability to meet the demand for housing.
The California Apartment Association has suspended its legal efforts to overturn a pair of rent control measures approved by voters last year in Mountain View and Richmond.
In recent months, judges in both Santa Clara and Contra Costa counties ruled against CAA’s motions for preliminary injunctions that would have halted enforcement of Measures V and L, respectively.
The California Apartment Association’s legal challenge to Mountain View’s rent control law is about to get its first court hearing.
At 9 a.m. Tuesday, legal counsel for CAA will appear in Santa Clara County Superior Court to request a preliminary injunction against Measure V, the rent control initiative approved by Mountain View voters last November.
Tagged: CourtsRent Control Tri-County
Before a sold-out crowd Thursday, renowned economist Christopher Thornberg delved into the state of California’s rental housing market, including its present cooldown following several years of robust growth.
Thornberg, founding partner of Beacon Economics, said growth has slowed as more housing supply has entered the pipeline. He offered his comments while kicking off the California Apartment Association’s Tri-County Outlook 2017 at Mountain View’s Computer History Museum. His talk also included an overview of the national election, its implications for the rental housing industry, and how proposed changes to the Affordable Care Act may affect renters.
Tagged: EconomyEvents Tri-County
Over the past 12 months, the state’s ongoing housing shortage defined many of the issues facing California’s rental property owners and managers. The housing crunch drove debates at city halls, fueled signature-gathering efforts on rent control, and propelled a mix of positive and negative legislation at the Capitol. Combine the housing shortage with November’s historic election, and 2016 may be the most consequential year in recent memory for the rental housing industry. In the paragraphs that follow we briefly recap the top 15 industry news stories from 2016. To delve deeper into the issues and explore related content, follow the… Read More
Tagged: LegislationLegislative Summary
The California Apartment Association has prepared compliance information on the rent control laws approved by voters in Mountain View and Richmond in the Nov. 8 election. While the laws will likely face legal challenges, it’s important that property owners and managers understand the sweeping changes that voters approved.
Use the links below to access the compliance papers.
Mountain View’s Measure V
Richmond’s Measure L
If you own property in Mountain View and planned on evicting a problem tenant, put those plans on hold.
On Tuesday morning, the City Council approved an urgency just-cause eviction ordinance — and it took effect immediately.
Despite aggressive opposition from CAA, a measure to impose rent control and just-cause eviction policies in Mountain View has won passage at the ballot box.
Ballots cast to approve Measure V garnered 53 percent of the vote. All told, five Bay Area cities had measures on the Nov. 8 ballot asking voters whether to approve rent control. As in Mountain View, Richmond voters approved the policy, while voters in Alameda, Burlingame and San Mateo rejected it.