Professor John Demas Featured on Fox 5 San Diego

Friday, October 11, 2019post has video

Photo is of John Demas, Clinical Professor of Real Estate

On Oct. 11,  John Demas, clinical professor of real estate at the University of San Diego School of Business and affiliated with the Burnham-Moores Center for Real Estate, was featured on Fox 5 San Diego for a segment on a new housing bill Governor Gavin Newsom signed into effect on Oct. 9. 

The segment covered the highly contested topic of affordable housing and who will benefit most from this new rent control bill. Under this new legislation, California will cap rent increases. This is the most significant piece of housing-related legislation in a year that, according to The Wall Street Journal, “also saw the shelving of a measure to relax zoning and spur more construction.” Newsom said that the rent caps and tenant protections are necessary to help people being squeezed out of their homes. The new law limits annual rent increases at five percent, plus the rate of inflation, and adds some barriers for landlords seeking to evict people.

Learn more about this new bill in recent stories covered by the Wall Street Journal, Los Angeles Times and The New York Times.

Contact:

Kimberly Malasky
kmalasky@sandiego.edu
(619) 260-4786