Multifamily Meetup - The Growing Threat of Rent Control in California

Rental property owners need to understand the growing threat of rent control in California and the financial impact on their investments. An initiative to establish rent control in the City of Sacramento already qualified for the ballot. At the State Capitol, a bill to impose rent control statewide recently passed out of its first legislative committee hearing. Despite the sound defeat of Proposition 10 last November, another attempt to pass a similar rent control initiative is underway. That’s not all. Other significant restrictions on rental properties are in the works at both the local and state levels. Learn the details of these threats and what is being done to counter them.

About the guest speaker
Jim Lofgren is Senior Vice President of the California Apartment Association (CAA), a statewide organization representing the rental housing industry. He previously served nearly 20 years as executive director of the Rental Housing Association (RHA) of Sacramento Valley. In his current position, Jim oversees local government affairs on behalf of the industry in the Greater Sacramento region. CAA is leading several local and statewide campaigns to defeat rent control legislation and ballot initiatives.

For more information about the California Apartment Association (CAA)
https://www.caanet.org

MULTIFAMILY UNIVERSITY
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