You are currently browsing the tag archive for the ‘AB 2364’ tag.

Earlier this week, the California Association of REALTORS® (C.A.R.) sent out a Red Alert to members about reaching out to their Assembly members and urging them to oppose AB 2364. C.A.R. is pleased to announce that AB 2364 FAILED last night on Assembly Floor. The bill only secured 25 YES votes, with 34 voting NO and the remainder Not Voting. All members of the Assembly were present, so those not voting did so intentionally.

C.A.R OPPOSES AB 2364 (Bloom and Chiu), which deters property owners from returning to the rental housing business for 10 years. The passage of AB 2364 would have significantly weakened the Ellis Act by discouraging new rental housing investment and would have ultimately made the state’s housing crisis even worse.

Advertisements
October 2018
M T W T F S S
« Sep    
1234567
891011121314
15161718192021
22232425262728
293031  

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 58 other followers

Advertisements