Cities Ignore Data, Economists and Continue to Push for Tighter Rent Controls

Renter Groups Use Misleading Data on “Average” Rents to Push Radical Agenda - Written by EBRHA - Posted Oct 26, 2016

Despite overwhelming evidence from leading economic experts that rent control hurts low-income and minority residents and recent market indications that rents in the region have leveled off and begun to decline, cities across the East Bay are moving forward with even more draconian restrictions targeting small rental property owners. In Alameda, Oakland and Richmond, voters are being asked to impose strict renter-backed limits that threaten the livelihoods of small mom-and-pop property owners. In addition, Oakland City Council has imposed its...

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Oakland Multifamily Market Report

Development Fills; Equity Inflows Enter in Torrents - Written by Marcus & Millichap - Posted Oct 4, 2016

Economy gathers steam, driving occupancy and rents up. The East Bay multifamily market is teeming with renters as the high cost of homeownership and continued economic expansion intensify demand for metro apartments. Corporate relocation as well as organic business growth are creating job opportunities in well-paid employment sectors, drawing highly skilled workers to the metro. Additionally, Oakland offers the most affordable rents in the Bay Area, attracting value-seeking renters. As a result, demographic metrics signal continued success...

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Oakland Property Owners File Landmark Suit Against City Over $1.5 Billion Garbage Deal

Legal Action Seeks to Overturn Contracts that Sent Trash and Recycling Rates Skyrocketing - Written by EBRHA - Posted Jun 29, 2016

Oakland (June 29, 2016) —The City of Oakland’s trash and recycling contracts represent an unfair and improper tax and are therefore unconstitutional under California law, according to a landmark lawsuit filed today by three multiunit property owners in the city. The lawsuit accuses city officials of mishandling negotiations with Waste Management and California Waste Solutions and allowing fees to be imposed on multifamily properties that far exceed the cost of provided services. By agreeing to keep the rates for single-family owners flat, the...

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Letter to the Editor: Oakland evictions highly exaggerated

Why blame the owners of the most affordable housing in the city for what is clearly a supply and demand problem? - Written by J. Furstoss, EBRHA Member - Posted Jun 9, 2016

Oakland evictions highly exaggerated The Oakland City Council continues to have its collective head in the sand when it comes to the current housing crunch. Instead of researching facts on their own, they are taking the tenants’ word as gospel and blaming the owners of rental properties already under rent control for the city’s ills. How can that be? It turns out the number of evictions aren’t anywhere near what tenants claim. With other East Bay Rental Housing Association members, I pulled the numbers from the county...

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An Energy Savings Success Story

Energy assessment and incentives help an EBRHA member save energy and improve tenant comfort. - Written by Candis Mary-Dauphin - Posted May 18, 2016

An Energy Savings Success Story

When EBRHA member Irina Gelfenbeyn purchased a 6 unit apartment building in San Leandro, she had a long list of upgrades she planned to tackle. She specializes in property development, and making immediate improvements to a building’s performance is a key component of her business model. So when she heard about a Bay Area program that offers free consulting and $750 per unit to help improve the energy efficiency performance of multifamily buildings, she decided to look into it. Lots of Work Ahead When Irina first purchased the 64 year old San...

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