2018 was a huge year for owners of rental properties in California, especially those people who own fewer than 150 units due to the year long battle against Proposition 10, the rent control measure that if approved would have ended Costa Hawkins and brought rent control to California on a widespread scale.
A few months removed from the November election and lawmakers have regrouped and are crafting rent control legislation that Governor Newsom has promised to sign if the right package on “rent stability” comes to his desk.
Can rent control be stopped in California once again? The answer is yes, especially if owners join together to make their voices heard and the next opportunity to do that is at the upcoming CAA 2019 Legislative Conference on May 29th.
About the Conference
On May 29, join with fellow independent rental owners at the Capitol and tell state legislators that strict forms of rent control would jeopardize your investment and undermine your ability to continue housing California’s working families. Encourage lawmakers to focus instead of crafting legislation that boosts California’s housing supply.
What: 2019 CAA Legislative Conference
When: Wednesday, May 29, 2019
9 a.m. – Registration opens; continental breakfast available
10 a.m. – Program begins
Lunch will be served to attendees prior to heading to the State Capitol for meetings with legislators and legislative staff.
Where: Sheraton Grand Hotel, Grand Nave Ballroom, 1230 J St., Sacramento, CA 95814.
Regardless if you come to this conference or not, 2019 is going to be another big year for anyone who owners’ rental properties in California, especially if you own fewer than 150 rentals, because there’s still a huge desire for rent control in the Golden State and we have to continuing lawmakers to boost the housing supply instead of focusing on rent control instead.
Get Property Management in Monterey County
Do you own rental properties in Monterey County and need property management? Contact 36 North Property Management today by calling us at 831-484-4604 or connect with us online.