In a rapidly changing world, the property management industry needs to keep up. With the widespread digitisation of products and services taking over almost every sector, estate agents, property professionals and landlords alike will need to stay on the pulse. PropTech has become one of the latest buzzwords on everyone's lips. Not only could property tech improve the property market, but it could completely transform it for the better. With this year's Future PropTech event coming up, we thought it was a good time to explain what PropTech is, and why as a landlord, you should embrace it.
Fearing a "potential tsunami" of evictions, the Los Angeles County Board of Supervisor voted Tuesday to extend an eviction moratorium through the end of September. The moratorium bars landlords in the county from evicting tenants who cannot pay their rent because of financial burdens related to the COVID-19 pandemic. Gov. Gavin Newsom is expected to announce an agreement later this week with legislative leaders for an extension of the state's eviction moratorium, which expires June 30. But Supervisor Sheila Kuehl, who authored Tuesday's motion, said the county could not wait for the state to act. The extension is "actually the beginning of a thoughtful phase-out," Kuehl said.
How would you feel if, desperate for somewhere to live, you had to bid against other prospective renters? Some people were perturbed when Rentberry - a website that runs rental auctions - launched last year. In fact, in an article its own boss highlights, one tenant rights lawyer described the site as "callous". "We made a huge splash," chief executive Alex Lubinsky recalls. The site allows landlords to set a preferred rent.
Los Angeles could soon usher in a new law that would ban landlords from harassing renters, more than four years after such a measure was first proposed at City Hall. The proposed ordinance, which advanced through a key committee on Wednesday, would prohibit landlords from targeting renters in a range of ways, including threatening tenants with physical harm, telling others about their immigration status, falsely telling renters they have to clear out of a unit, and failing to follow standards to protect them from dust and asbestos. It would also ban landlords from retaliating against tenants for organizing an association or union. Renters and their advocates have championed the proposal for years, arguing that it would give tenants a desperately needed tool to fight threats and mistreatment meant to prod them out of their homes. "My landlord knows that the rental market is in his favor; he can behave in an egregious manner without serious repercussions," Glassell Park renter Nancy Popp wrote to council members, urging them to pass the new law.
My landlord is a dying breed. He's a middle-class guy who owns and rents out the tiny house we live in, built in the 1950s on the other side of the lake from Seattle. That house is his retirement plan. When he comes to repair the stuff our kids break, he always asks about the latest with Seattle's housing regulations. He asks because I'm an attorney with Pacific Legal Foundation, a public interest group that has sued Seattle over several of its housing ordinances.