Executive Director's Update

What is so wrong about rent control anyway?

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Very often the staff and directors of the Apartment Association are faced with the following question from members and realtors: “What is so wrong about rent control anyway?”

We amass our academic ammunition and pull the intellectual triggers. We give every logical and historical answer, but perhaps the following true story that appeared recently in newspapers across the country will give a more impactful answer.

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Victory in Washington D.C.

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Sometimes political advocacy can take a long time to make an impact. Such is the case with bankruptcy reform at the federal level – it has been a tedious hard-fought battle but WE FINALLY WON!

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Bills introduced in 2005-5006

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More than 2400 bills were introduced in Sacramento for the 2005-2006 legislative
session and over three dozen of these (if passed) could affect your bottomline as a
property owner!

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Rental Owners Unite!

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STOP ATTACKS ON PROP 13!

2004 is starting out with a bang! As I mentioned to you last month, the California Teachers Association and Rob Reiner are proposing a split roll tax initiative to remove Prop 13 protections from properties and multi-family residential rental properties (with cash values of more than $750,000).

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California Southern Cities
333 W. Broadway St., Suite 101
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(562) 426-8341

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