California’s new housing bills are about to become law — but not everyone in real estate is happy about it

Forbes media chairman steve forbes, former investment banker carol roth and Barron’s senior editor jack hough discuss the jobs report and President Trump’s tariff plan.

In Ventura and cities across California, new housing laws raise concerns In the past, cities would allow for different housing and the market determined what would go up. Now, California wants to.

Now if everyone paid the exact same property tax rate on the fair market value of a house, owning houses for a large part of the population would become extremely expensive/untenable, which would probably increase people moving to other locations or going to cheaper rental housing, thereby driving real estate prices down.

California’s new housing bills are about to become law – but not everyone in real estate is happy about it. BOMA-GLA called SB-2 tax "regressive"

Come Jan. 1, 2018, numerous laws relevant to the rental housing industry will take effect in California. In the paragraphs below, we summarize the most significant of these laws for the state’s rental property owners and managers. IMMIGRATION status targeting discrimination: Under AB 291, dubbed the Immigrant Tenant Protection Act, a landlord could face civil [.]

The L.A. Times noted that while S.B. 828 isn’t getting nearly the same attention as Wiener’s other major housing bill, it has the potential to have just as dramatic an impact on housing production is California. S.B. 828 will go before the Senate Housing and Transportation Committee on April 24.

California’s Governor Brown signed into law a package of bills on September 29, 2017, intended to increase the development of affordable housing. The state is deep in the middle of an affordable housing crisis and has been searching for solutions. Some major California cities passed ordinances in recent years, such as San Francisco’s new density bonus programs, to stimulate affordable.

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