ACTION Apartment Association

“Less than the cost of a latte”? Really? By Tricia Crane

10/10/2018 10:06 AM | Margaret Fulton (Administrator)

October 9, 2018 -- The school facilities bond on the November 6 ballot –- Measure SMS -- has financial uncertainties for all Santa Monica residents -- renters, condo and single-family home owners, and apartment owners alike.

Projected to cost us $1 billion with interest by 2054, critics of the largest school bond in Santa Monica history call it “a blank check.”

They point to school bonds in other neighboring cities where the practice is to identify projects to be funded before they put a bond measure on the ballot.

The Case for Preserving Costa-Hawkins

10/09/2018 11:25 AM | Margaret Fulton (Administrator)

The Case for Preserving Costa-Hawkins:
The Potential Impacts of Rent Control on Single Family Homes
Kenneth T. Rosen
Chairman of the Fisher Center for Real Estate & Urban Economics at
The University of California, Berkeley
Chairman and Founder of Rosen Consulting Group
October 2018

Read the Report: CH study for sfh.pdf

Squirm Nights begin with Rent Control Board

10/09/2018 11:11 AM | Margaret Fulton (Administrator)

The Santa Monica Daily Press will hold three Squirm Night forums this year with opportunities for readers to get up close and personal with candidates for the Rent Control Board, SMMUSD Board and City Council. Tonight’s forum, held at the Thelma Terry Building in Virginia Ave Park, will include information from both sides of the Proposition 10 debate.

Read More on pg. 1: http://backissues.smdp.com/100918.pdf

California rent control ballot measure prompts fierce fight

10/09/2018 11:06 AM | Margaret Fulton (Administrator)

Californians who rent apartments built after 1995, single-family homes or condominiums have limited protections from rising prices under a state law passed that year that significantly restricts rent control.

That could change if voters pass Proposition 10 in November.

The ballot measure would let cities and counties across California expand or enact rent control by overturning the 1995 law, the Costa-Hawkins Rental Housing Act.

Decreasing regulations on construction and providing more money for affordable housing are better steps the state could take to alleviate the housing crisis, opponents argue.

From Daylight Saving Time to Kidney Dialysis & Rent Control, Initiative Recommendations

10/09/2018 10:47 AM | Margaret Fulton (Administrator)

At the request of many readers, here are my personal recommendations on the Nov. 6 ballot measures. Susan Shelley is an editorial writer and columnist for the Southern California News Group.

Read her recommendations at: https://www.smobserved.com/story/2018/10/07/news/from-daylight-saving-time-to-kidney-dialysis-and-rent-control-initiative-recommendations/3676.html

Gas tax, housing among propositions on California ballot

10/08/2018 7:52 AM | Margaret Fulton (Administrator)

California voters will decide on 11 propositions when they go to the polls Nov. 6. Here’s a look at the issues on the ballot.

In a rarity, Los Angeles strips building from rent control [Tarzana]

10/08/2018 7:42 AM | Margaret Fulton (Administrator)

The rare stripping of rent protections stems from a dispute between the city of Los Angeles and owner JKP Apartments over whether the Tarzana property was built two weeks after the 1978 cut-off date for rent control.

The case highlights an issue before voters in November — unmovable cut-off dates for rent control.

Will Prop. 10 help or hurt state’s tenants?

10/08/2018 7:39 AM | Margaret Fulton (Administrator)

‘The common wisdom is that rent control reduces the quantity and quality of available housing.’ — Christopher Palmer, MIT economist

Temporary Homeless Shelter at VA Approved by L.A. City Council

10/08/2018 7:27 AM | Margaret Fulton (Administrator)

A proposal to fund the city’s portion of a temporary homeless shelter to be located on the West Los Angeles Veterans Administration campus was approved by the Los Angeles City Council Friday.

Under a partnership, the city and county of Los Angeles will split the cost of the construction of the $5 million facility, and the Department of Veterans Affairs will provide on-site services.

Why Won't Any of the Incumbents Talk About Crime? It's All Residents Talk About

10/05/2018 8:54 AM | Margaret Fulton (Administrator)

Armen Melkonians is a local rabble rouser (my term), founder of Residocracy on Facebook, “which has grown quite a bit, we’re getting more readership and it continues to grow. And it goes to show you that people are very concerned about crime, because most of the posts are about crime.”

“I’m finding crime is number one election issue. Amazingly, among candidates, no one is discussing it.