Proposed Alameda rent law has many onerous loopholes

A letter to the editor regarding Alameda's proposed rent laws - Written by Harold Mackenzie, EBRHA Member - Posted Jul 29, 2016

A recent letter describing a landlords’ loophole in the Alameda Rent Control Ordinance is somewhat misleading. The letter writer complains about a fixed-term lease being a loophole allowing a landlord to evict a tenant at the end of the lease without having to pay relocation fees. I do believe a lease is a contract and as such generally has many components but contains start and end dates. When you rent a vacation home, there are start and end dates. When you rent an apartment to someone, you are not applying for adoption, which is what...

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SF Markets Stabilizing as Demand is Down and Supply is Up

San Francisco is expected to add about 5,100 new units for rent in 2016, the most in 26 years - Written by Bloomberg News - Posted Jul 29, 2016

The apartment market in New York and San Francisco is slowing down, with Equity Residential, the largest publicly traded U.S. multifamily owner, cutting its revenue forecast for the third time this year. Equity Residential expects revenue growth from properties open at least a year to be 3.5% to 4% in 2016, according to the company’s second-quarter earnings statement Tuesday. The Chicago-based real estate investment trust in late April lowered the upper limit to 5%, then reduced it again in June to 4.5%. “After five consecutive...

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Commentary: Oakland landlords not villains in housing crisis

An op-ed in the East Bay Times by EBRHA's Executive Director - Written by Jill Broadhurst - Posted Jul 20, 2016

Oakland City Council and Mayor Libby Schaaf insist they’re listening to all sides in the current debate over the city’s housing shortage. But that’s not true. They may be hearing multiple opinions, but they’re only listening to one: the tenant activists, who blame all housing issues on greedy, uncaring rental property owners. The loudest tenant-rights activists paint rental property owners with a single brush — rich white men in corporate offices raking in millions off the backs of renters. And the only options...

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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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Alameda Renters Submit Nearly 8,000 Signatures for Rent Control Measure

The measure would cap rent increases and ban no-cause evictions on the Island. - Written by Steven Tavares - Posted May 26, 2016

Article source: Steven Tavares, Alameda Magazine – May 25, 2016 A ballot measure proposing rent control in Alameda took a big step closer to reality Tuesday when proponents submitted nearly 8,000 signatures to the city clerk’s office. If validated by the Alameda County Registrar of Voters in coming weeks, the rent control measure will appear before Alameda voters in November. Roughly 6,400 valid signatures are required to qualify for the ballot. Members of the Alameda Renters Coalition, which sponsored the ballot measure, were in a...

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