Orange County Land Leases Increase by 389 percent

Condominium residents of The Gables face a nearly quadruple increase in ground-lease payments.

1 minute read

June 7, 2000, 2:40 PM PDT

By Abhijeet Chavan @http://twitter.com/legalaidtech

A dramatic fair market value adjustment increases ground leases by 389 percent in The Gables community in Orange County. Some homeowners feel they might lose their homes and are boycotting the increase but the landlord says that residents have been living at below-market rates. Orange County land value has increased 15.6 percent in the last 10 years.

Thanks to Abhijeet Chavan

FULL STORY: Condo owners feel hammered: Land leases up 389%

Wednesday, June 7, 2000 in Orange County Register

Housing California

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Cover CM Credits, Earn Certificates, Push Your Career Forward

Learn More

Advertise with us

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.