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California Enacts Statewide Rent Control to Ease Housing Affordability Crisis

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    California, the nation’s economic powerhouse and most populous state, is set to pass a sweeping statewide rent control law in response to the state’s housing affordability crisis. The law will cover over 8 million residents and will limit rent increases to 5% above the rate of inflation. 

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    Posted by Jeff Mindham
    Prior to becoming a full-time writer in 2015, I was the Senior President of National Marketing for Prudential Real Estate (63,000 agents & 700 franchisees), and the Chief Marketing Officer at several real estate tech startups. Those included ForSaleByOwner.com, the nation’s largest online FSBO, Foxtons and USRealty.com, among others. I began my career on Madison Ave. working at some of New York’s largest ad agencies. I have a master’s degree from the University of San Francisco and a BA degree in Communications.