Posts in Housing
Case study: L.A. minimum loss threshold for eviction will increase rents for everyone

Extremist progressive policies often get launched in S.F. and L.A. before they reach the shores of the Guadalupe. Our Southland readers note a new anti-market, anti-productive housing scheme making the rounds in L.A. and predict SJ Housing Dept. will float this concept within a year: It's a requirement for a minimum loss before an eviction notice can be filed for failure to pay rent. Evictions often take 6 months to process as is; delaying the process’s start can add 3 months to that rent holiday. The impact? An increase in the cost of renting, and the increase will be spread out among other tenants. From Apt. Ass’n Greater Los Angeles newsletter.

Read More
HousingJax Oliver