Rental Market News – How Will Nov Elections Shape Market?

rent

We’re just days away from the November 2022 election and although most media outlets are focusing on Senate rates, the reality is that the next election is poised to be a decisive election that shapes the rental market in California for years to come. In this article, we will share with you information on ballot…

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Newsom Proposes Billions More For Rent Relief

Modesto CA property manager

Gov. Gavin Newsom’s updated budget plan projects a record $97.5 billion surplus, and on Friday he said he wants to put a chunk of that windfall toward rent relief. California has already directed more than $5 billion in federalfunding toward paying off debts accrued by low-income renters during the pandemic. Now, Newsom’s budget proposes another $2.7 billion in…

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California’s renter tax credit could soon increase

tax

An estimated 2.4 million Californians could see a boost in their tax refunds next year under a legislative proposal that would dramatically increase the state’s renters’ tax credit for the first time in more than four decades. The amount of the subsidy — created to help income-eligible Californians who don’t benefit from the tax breaks…

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How much is rent relief helping Californians?

When Blanca Esthela Trejo, 46, lies down to sleep, what feels like shards of glass stab her back and cut into her lungs — a lingering effect of COVID-19. “I’d like to be crouched down, hunched over all the time, because the pain is too much,” she said. But Trejo is foregoing medical treatment because…

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California Lawmakers Call For Massive Rent Relief Bill

Modesto CA property manager

The best hope for swift pandemic aid to struggling California tenants and landlords might come from Georgia. State lawmakers from California and three other western states this week are urging their congressional delegations to step up with $100 billion for rent relief —  an achievable goal, they believe, if Democrats win two seats in U.S.…

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Report: How Coronavirus is changing living situations

squatters rights

There’s no denying that Coronavirus has been a once-in-a-lifetime Pandemic that’s changed the course of this country but the big question is how has it affected living situations? In this article, we will provide you with data on how Coronavirus has changed living situations and the rental market. The COVID-19 pandemic has affected so many…

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