High-rise commercial buildings

Sub Markets

Property Sectors

Topics

California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New call-to-action
California  + Los Angeles  + Apartments  | 

Wildfire Emergency Rent Caps Extended Through March 29

Rental housing providers in Los Angeles County remain subject to limits on rent increases and restrictions on certain evictions following the vote by the county Board of Supervisors to extend wildfire-related price-gouging protections through March 29. The California Apartment Association warned the board it would oppose the measure absent a definitive phase-out timeline and a clear termination date.

In a Feb. 23 letter, CAA cited county vacancy rates above 5% and a softening rental market as evidence that the conditions that originally justified the emergency extensions no longer exist. “This emergency declaration was intended to be temporary,” CAA wrote. “Instead, it has become routine for emergency housing regulations to become indefinite.”

The extension, approved Tuesday, Feb. 24, continues rules under California’s anti-price gouging law and the county’s local ordinance that generally cap rent increases at no more than 10% above pre-emergency levels. The rules also prohibit landlords from evicting a residential tenant and re-renting the unit at a higher price during the protected period.

Connect

Inside The Story

California Apartment Association

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Policy/Gov't
New call-to-action
New call-to-action
New call-to-action
New call-to-action
New call-to-action