California legislators passed a bill that limits rent increases across the state to 5% plus inflation on apartments built at least 15 years ago.
Gov. Gavin Newsom is expected to sign the bill into law. The measure includes exemptions for owners who live with their tenants, and owners who live in one part of a duplex and rent out the other unit. Landlords will be allowed to raise rents to market rates when a tenant moves out.
The measure will have little impact on large cities such as Oakland and San Francisco, which already have rent restrictions, but it is expected to significantly affect places like the wealthy suburbs of the Bay Area. The law also includes eviction restrictions. Landlords will be prohibited from kicking out renters who follow the rules of their lease unless the owner is moving in, tearing down the residence, renovating it, or taking it off the rental market.
The California Association of Realtors and most of the state’s Republican lawmakers opposed the bill, saying it would decrease the value of rental properties and deter developers from building more housing. Democrats and renter advocacy groups said the measure is necessary to stem a serious homelessness crisis and help families anticipate rent increases.
Related Stories
Codes and Standards | Aug 15, 2017
ASHRAE certifications recognized by DOE as meeting Better Buildings Workforce Guidelines
Two of six such certifications are ASHRAE programs.
Codes and Standards | Aug 14, 2017
New edition of AISC Steel Construction Manual now available
Includes the 2016 Specification for Structural Steel Buildings.
Codes and Standards | Aug 10, 2017
AAMA releases updated Standard Test Method for Water Penetration Using Dynamic Pressure
The update applies to windows, curtain walls, and doors.
Codes and Standards | Aug 9, 2017
UpCodes aims to make researching building codes, regulations easier through searchable app
App currently includes building codes of 40 states and New York City.
Codes and Standards | Aug 8, 2017
3D printing industry working to implement standards for products, processes
Additive Manufacturing Standardization Collective (AMSC) will develop industry-wide additive manufacturing standards and specifications.
Codes and Standards | Aug 7, 2017
Council on Tall Buildings and Urban Habitat to create standards to measure floor area
The standards will examine existing codes and regulations to find where they are too broad or contentious.
Codes and Standards | Aug 3, 2017
ASID headquarters is first space in the world to earn both LEED and WELL Platinum Certification
Washington, D.C. office is showcase for top levels of the two standards.
Codes and Standards | Aug 2, 2017
OSHA to release web-based injury and illness reporting form on August 1st
Employers can use the application to submit forms electronically.
Codes and Standards | Aug 1, 2017
Zoning that restricts housing construction also dampens other economic development
Land use restrictions reduce U.S. GDP by 9% annually.
Codes and Standards | Jul 27, 2017
Five fire scenarios tested on full-scale mass timber building
Results will help inform code changes.