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Posted Tue, Jul 11, 2023 at 11:20 am PT. The average rent nationwide was $2,054 in June, up 4.1 percent from June 2022, according to Zillow. (Shutterstock) SAN DIEGO, CA — Rent prices...
San Diego County housing providers lost a significant amount of rent since the start of the pandemic in March 2020 – a total of $2.4 billion, according to a study commissioned by the Southern...
According to the forecast, San Diego County has a current average rent of $2,334, with a 2.9% vacancy rate, with the average rent predicted to rise to $2,582 by 2024, with a 3.44% vacancy...
The Ellis Act (California Government Code Chapter 12.75) [1] is a 1985 California state law that allows landlords to evict residential tenants to "go out of the rental business" in spite of desires by local governments to compel them to continue providing rental housing.
Costa–Hawkins Rental Housing Act. The Costa–Hawkins Rental Housing Act ("Costa–Hawkins") is a California state law, enacted in 1995, which places limits on municipal rent control ordinances. Costa–Hawkins preempts the field in two major ways. [1] First, it prohibits cities from establishing rent control over certain kinds of residential ...
This shortage has driven home prices and rents to extremely high levels. In 2017, the median price of a home in California was more than 2.5 times the median in the U.S. as a whole, and in California's coastal urban areas, the shortage was greater than the inland areas, as demonstrated by the median prices of homes in those respective markets: $1.3M in San Francisco, $1M in San Jose, and $600k ...
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