California Governor signs rent control bill into law

California Governor Gavin Newsom last week signed into law new legislation that will place caps on rents throughout the state. The move that was warmly welcomed by tenant groups but others in the real estate industry say it could have negative long-term consequences. Under the new law, which takes effect in January, landlords will be

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Struggling Condo Owners in Catch 22

Rather than try to sell their homes, a growing number of property owners are embracing the idea of becoming a landlord instead, in order to avoid selling at a loss. But while this is all well and good for homeowners, condo owners are finding the going a lot tougher than they first envisioned.

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