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By comparing California over the period 1970 to 2000 with other states, (using data from the US Census Bureau, not state or county-level property records): 9 Wasi and White (2005) estimated that Proposition 13 caused homeowners to increase the duration of time spent in a given home by 9% (1.04 years), and renters to increase their tenure by 18% ...
The difference between the in-place rent and the ERV is the reversionary value of the property. For example, with passing rent of $160,000, and an ERV of $200,000, the property is $40,000 reversionary. Holding the valuers cap rate constant at 8%, we could consider the property as having a current value of $2,000,000 based on passing rent, or ...
Costa–Hawkins Rental Housing Act. The Costa–Hawkins Rental Housing Act ("Costa–Hawkins") is a California state law, enacted in 1995, which places limits on municipal rent control ordinances. Costa–Hawkins preempts the field in two major ways. [1] First, it prohibits cities from establishing rent control over certain kinds of residential ...
David Walter Banks. A California man was indicted by a federal grand jury in Atlanta on charges of threatening Fulton County District Attorney Fani Willis, the U.S. Attorney's Office for the ...
The value of all L.A. County property is at a record $1.997 trillion, with $20 billion in taxes funding public services, including schools and medical care.
Property investment calculator. Property investment calculator is a term used to define an application that provides fundamental financial analysis underpinning the purchase, ownership, management, rental and/or sale of real estate for profit. Property investment calculators are typically driven by mathematical finance models and converted into ...
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