rent control legislation

Property Managers Fear Trending Rent Control Legislation

If you weren’t aware of rent control legislation, now is the time to be active. Bills proposing rent control (as well as restrictions on eviction and criminal records) have become an alarming trend within the multifamily housing industry. Just last week, I went with other CIC™ tenant screening experts to Washington, D.C. to lobby on behalf of the National Consumer Reporting Association. Our big concern is that without access to eviction or criminal records, property owners and managers like you will not have the information to determine if a rental applicant is a risk or not. While plenty of owners combat potential risk by raising the rent or fees, if rent control measures pass, that option will no longer be accessible.

Unfortunately, states like California, Oregon, Illinois, and Maine have already been targeted by rent control activists – and it seems like this is only the beginning. Take a look to see what multifamily legislation has passed and failed this November, and what bills will likely be reviewed in the Spring of 2018.

Legislation

Rent Control and Relocation Fees: September Multifamily Legislation Threatens Industry

The time has come for our quarterly legislation update! With this September’s multifamily legislation carrying bills that threaten rent control, relocation fees, and game changers regarding eviction records, there are quite a few bills you should be following.  As we’ve seen with rent control and ban-the-box legislation this past year, it is easy for a bill in one state to become a popular trend for other states. Take a look below at what September has in store for multifamily legislation.

Legislation

Los Angeles Explores “Just Cause” Evictions and Rent Control Legislation

Within this past year, legislation targeting eviction measures and rent control has popped up in numerous states (only to be quickly shot down). Despite the unsuccessful efforts of similar bills, the city of Los Angeles is toying with the idea of proposing “just cause” eviction measures and rent control legislation.

Legislation