I’m Just Passing this On….
If you don’t live in California and are reading this from out of state this is a hot button issue in areas like the San Francisco Bay Area and in some parts of Southern California.
If you want to see a list of those cities in this state that have rent control laws CLICK HERE.
Now if you are an Investor or even a current Home Owner thinking of renting your place out, this issue should be a concern because it will affect you.
We just completed a “walk through” inspection of the Gaslight Apartments yesterday. Can you guess what the Bay Area investor asked me…? “Are there rent control laws here in Folsom”.
He was relieved when I said no. It was then he commented on how horrible it is in San Francisco and San Jose.
Take a look at this article written by Dan Walters of the Sacramento Bee in today’s paper and get ready to watch some shenanigans on this issue.
Dan Walters: Rent control returns to Capitol as burning issue
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- Tech workers boost ‘Silicon Beach’ home prices, rents (mercurynews.com)
- The most – and least – expensive Bay Area cities for renters (bizjournals.com)
- Rent Control in Roseville and Greater Sacramento Area..? (Trulia Q&A)
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