San José, California's third most populous city, regulates rent increases for older apartment units through its Apartment Rent Ordinance (ARO). To help inform ongoing policy deliberations by the San José City Council and Housing Department staff, this update report gathers recent data about the demographic characteristics of ARO tenants and characteristics of ARO apartments.
San José, California's third most populous city, regulates rent increases for older apartment units through its Apartment Rent Ordinance (ARO). To help inform policy deliberations by the San José City Council and Housing Department staff, this report analyzes demographic characteristics of ARO tenants, characteristics of ARO apartments, compares ARO allowable rents increases with Rent Stabilization Ordinances in other cities, analyzes the debt-service pass-through, and financial outcomes of ARO rental properties.
Over 54,000 workers employed in Long Beach’s formal economy will be affected by increasing the minimum wage to $15. The annual earnings of workers will increase by about $405 million. The largest share of increased wages—almost $130 million—will go to workers who also live in the City of Long Beach The greatest number of affected workers and the largest payroll increases will be in restaurants, retail trade, education, transportation and warehousing, and health care. The economic stimulus from increased consumption by workers' households will create an estimated 3,186 new jobs and generate $442 million in increased sales in the region.
Inadequate housing takes different forms, all of which are detrimental to the well-being of families and individuals. The most prevalent problem is housing that costs more than households can afford to pay. The causes include a housing inventory that has grown slightly less than the population and renter incomes that have increased much less than the cost of housing.
Severe overcrowding in Los Angeles rental housing fell 63 percent from 2000 to 2007, the most recent year for which data is available. Only 9 percent of renters are severely overcrowded, with 1.5 or more occupants per room. The bad news is that 58 percent of renters are rent-burdened, paying 30 percent or more of their income for rent.