Advertisement
YOU ARE HERE: LAT HomeCollectionsRenters
IN THE NEWS

Renters

FEATURED ARTICLES
CALIFORNIA | LOCAL
August 31, 1987
The injustice of Proposition 13 has been compounded by the implementation of Proposition 60. Proposition 13 subsidized those who were fortunate enough to have purchased a home before 1975, through substantially lower property taxes. Proposition 60 will now allow those members of our society over 55 who have benefitted financially from Proposition 13 to sell their current homes, which have appreciated greatly, and still retain their property tax subsidy in a new home. The individuals who benefit from Proposition 13, and now Proposition 60, are among the most financially secure in our state.
ARTICLES BY DATE
CALIFORNIA | LOCAL
April 23, 2014 | By Emily Alpert Reyes
In a symbolic move meant to spotlight the steep rents and shabby conditions facing renters across the city, housing activists and a city councilman declared Wednesday to be "Renters' Day" in Los Angeles. "We are at a moment of crisis," said Councilman Gil Cedillo, who is asking the council to approve a resolution marking the day. "We are in jeopardy of losing an incredible amount, an extraordinary amount, of housing stock for the poor. But not just for the poor, for the entirety of the city.
Advertisement
BUSINESS
August 15, 2010 | Tiffany Hsu, Los Angeles Times
Living green is possible even if you rent. Here are some tips for an eco-friendly apartment: • Use biodegradable trash bags. • Run the dishwasher full, then air-dry the dishes. • Put aerators on faucets to save water. • Buy chemical-free cleaning supplies. Or make your own. Use vinegar and old newspapers to shine windows. Scrub countertops with baking soda. • Help your refrigerator stay cool by cleaning the coils regularly and locating it far from the stove.
BUSINESS
March 25, 2014 | By Andrew Khouri
California renters must earn more than triple the minimum wage to afford a two-bedroom apartment, underscoring a housing shortage throughout the state, a new report said. A worker earning the minimum wage  - $8 per hour in California - would have to toil away for 130 hours a week to afford a two-bedroom, the National Low Income Housing Coalition said Monday. Across the nation, minimum wage workers can't afford a one- or two-bedroom apartment at fair market rent, the group said.
BUSINESS
August 15, 2010 | By Tiffany Hsu, Los Angeles Times
Tips to sustainable apartment living abound online: • Landlords and renters can check out tips and updates at the National Apartment Assn.'s Green Communities website, naahq.org/green . • Moving? Find a center to recycle those plastic packing peanuts through loosefillpackaging.com . • Rating sites such as Greenopia.com and GreenerChoices.com from Consumer Reports can help sift through products that are truly green and the ones that are just "greenwashed.
BUSINESS
August 8, 2012 | By E. Scott Reckard
Citigroup Inc. is testing a program that would allow distressed homeowners to sign over title to their property and stay on as renters paying less than they did on their mortgages. The effort is similar to a larger ongoing Bank of America pilot offering up to 2,500 customers the option of avoiding foreclosure by trading their mortgages for leases. Citigroup's offer is to be extended to about 500 borrowers who owe more than their homes are worth and who are 120 days or more past due on their home loans.
CALIFORNIA | LOCAL
October 8, 1989
A new era in land use has begun in San Diego, and it does not bode well for apartment dwellers. Our City Council has passed laws that mean higher land prices and consequently, higher rents. This is accomplished by down-zoning many areas of the city to single-family from multifamily. Of course, it is not advertised as down-zoning. Rather, it is given a flashy new title--"the protected single-family neighborhood." Besides this, new laws have been passed which restrict on-street parking so that only a limited number of people can share an apartment or house.
BUSINESS
March 25, 2014 | By Andrew Khouri
California renters must earn more than triple the minimum wage to afford a two-bedroom apartment, underscoring a housing shortage throughout the state, a new report said. A worker earning the minimum wage  - $8 per hour in California - would have to toil away for 130 hours a week to afford a two-bedroom, the National Low Income Housing Coalition said Monday. Across the nation, minimum wage workers can't afford a one- or two-bedroom apartment at fair market rent, the group said.
BUSINESS
March 23, 2012 | By Tiffany Hsu
Bank of America: Lenient landlord? The bank is launching a pilot program that would allow customers with underwater mortgages to avoid foreclosure by becoming renters. In its testing stages, the Mortgage to Lease program will involve fewer than 1,000 customers in Arizona, Nevada and New York who are at least 60 days behind on payments for their Bank of America loan. Their homes must be worth less than what is owed on their mortgages Bank of America will forgive the outstanding debt for homeowners who transfer their home's title to the company.
CALIFORNIA | LOCAL
April 23, 2014 | By Emily Alpert Reyes
In a symbolic move meant to spotlight the steep rents and shabby conditions facing renters across the city, housing activists and a city councilman declared Wednesday to be "Renters' Day" in Los Angeles. "We are at a moment of crisis," said Councilman Gil Cedillo, who is asking the council to approve a resolution marking the day. "We are in jeopardy of losing an incredible amount, an extraordinary amount, of housing stock for the poor. But not just for the poor, for the entirety of the city.
BUSINESS
March 14, 2014 | By Roger Vincent
In Hollywood, a 1920s hotel-turned-apartment-building called the Whitley House has been sold for nearly $15 million. The six-story building at 1963 N. Cahuenga Blvd. has 100 apartments, most of which are considered "micro-units" because they are about 250 square feet in size. The Whitley House was sold by Vista Investment Group, which acquired it in a lender-facilitated sale in 2010. The property had been in the early stages of a major renovation that stalled during the recent economic downturn and was in a general state of disrepair, the seller said . The building's location in the midst of Hollywood and its original design as a hotel made it a candidate to be turned into a micro-unit property, according to Vista President Jonathan Barach.
BUSINESS
March 2, 2014 | By Anky van Deursen
Question: I was severely injured in a car accident. As a result, I am in a lot of pain and unable to work. Social Security accepted my claim, and I now receive monthly disability payments. Unfortunately, this is my only income, and I am on a very tight budget. I recently began looking for a cheaper rental unit but have encountered a problem. Most property owners require tenants to earn at least three times the monthly rent. Because of my inability to work due to my disability, there is no way I can meet this standard.
BUSINESS
February 23, 2014 | By Lew Sichelman
House-hunters can find homes on their own. So can renters who are not quite ready to take the leap into homeownership. But do you really want to go it alone? Why not let an agent do the legwork for you? Hiring an agent to help with your search for a rental apartment may be a big-city phenomenon, especially in places like Los Angeles, New York and Chicago. But real estate agents everywhere can help renters find suitable accommodations just as they help buyers find houses. And perhaps more importantly, they can make the search much easier.
CALIFORNIA | LOCAL
January 11, 2014 | Jean Merl
The woman state Sen. Roderick D. Wright considers his stepmother on Friday testified in his perjury and voter fraud trial that she never saw him spend a night or cook a meal in the Inglewood home he claimed as his residence while he was running for office several years ago. The prosecution called Wanda Sanders, 74 and in declining health, as a key witness in its case against Wright, who was indicted by a county grand jury on eight felony counts of...
BUSINESS
October 1, 2013 | By Michael Hiltzik
That's what the apartment-sharing firm would have us believe . But in reality, it wasn't so major. San Francisco-based Airbnb is probably the best-known company in the "sharing economy. " Its business is matching people willing to rent out their homes or even spare rooms on a short-term basis to strangers looking for a place to crash. Like other firms in the sharing space, such as ride-sharing services Lyft and Sidecar, Airbnb is navigating a regulatory thicket. That's unsurprising, given these novel business models that threaten incumbent housing and transportation providers, as well as neighbors and fellow motorists.
BUSINESS
August 24, 2013 | By Andrew Khouri
Why buy when you can rent? With a frenzied housing market shutting out would-be buyers all over Southern California, sending that check to the landlord is looking smarter every day. The rental market provides a stark contrast to the red-hot housing recovery. In Los Angeles County, apartment rents have risen only slowly, with an expanding supply of rentals holding down prices. In downtown Los Angeles, an apartment building boom has even driven rents down by 5% over the last year, to an average of $1,990 in the second quarter.
BUSINESS
August 15, 2010 | By Tiffany Hsu, Los Angeles Times
So you're a renter and you want to green your space, but your landlord won't splurge on solar panels. Don't fret. There are plenty of low-cost ways for apartment dwellers to be eco-friendly. You can be a green tenant by unplugging appliances or using chemical-free products. It's as easy as fixing leaky faucets or installing window treatments to conserve heat in the winter and to keep your place cool in summer without cranking up the air conditioning. "There's a myth that there isn't a lot that renters can do," said Paula Cino, director of Energy and Environmental Policy with the National Multi Housing Council.
BUSINESS
July 26, 2013 | By Lew Sichelman
With interest rates slowly on the rise, that means bad news for home buyers and good news for renters, right? After all, aren't the single-family and multifamily markets countercyclical? In the words of the old song, it ain't necessarily so. Here's why: The number of renters increased more than 1.1 million during 2011-12. That marked the eighth straight year of expansion, according to a Harvard University study, which finds that there is currently an "unprecedented strength of rental demand.
NATIONAL
July 23, 2013 | By Molly Hennessy-Fiske, This post has been updated. Please see note below.
HOUSTON -- A panel of federal appeals court judges struck down a controversial Dallas suburb's ordinance banning renters who are not in the country legally. Attorneys for landlords and renters who sued the town successfully argued that the ordinance overreaches, addressing federal matters, a position supported by immigrant advocates. "This inhumane and wasteful ordinance is unconstitutionally inconsistent with the federal immigration enforcement scheme," Thomas A. Saenz, president and general counsel of the Mexican American Legal Defense and Educational Fund , said in a statement.
Los Angeles Times Articles
|