Author: Janice Bitters (Janice Bitters)

Survey: Developers don’t love rent control, but like the ‘certainty’ of new law

Six months ago, developers were seeing major headwinds when it comes to developing new multifamily housing in Silicon Valley, but now confidence has jumped, according to a new report. Ironically, the reason confidence has now increased is the same reason some developers were feeling uneasy about multifamily building in mid-2019: rent control. “It seems counter-intuitive,”...

Study: Prop. 13 reform could add $1.2B in Santa Clara County revenue

A new report from University of Southern California researchers breaks down estimated local benefits of an upcoming ballot measure to reform Proposition 13, including $1.2 billion in Santa Clara County — assuming county assessors can handle the momentous task of implementing the changes. Overall, an estimated $12 billion could potentially be reclaimed by communities across...

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