As long as the foreclosures are not happening then there is going to be a restriction on supply, and as long as there is a restriction on supply of less than the demand is, home values will continue to climb.

Once again Illinois gives MORE power to the tenant, any advice moving forward with such restrictions?

.- Homeless population skyrocketing driven recently by unprecedented lockdown restrictions, small business fees, taxes, and regulations make employment of others exceedingly expensive in turn raising prices and reducing the affordability of goods, minimum wage hikes business run towards automation and layoffs to stay afloatThere's no doubt about it California has one of the highest concentration of millionaires and high income earners in the country, plenty of families who can live comfortably in this state.  

A few of the restrictions are things like no "converted duplexes" meaning old houses divided up, no pre 1940 buildings, and things like that.

Somethings that do restrict us is we are not able to do electrical or plumbing because we are not licensed to do that.

If you are owner occupying a 2-4 unit building you thankfully are able to get around many of these restrictions.

If the state law requires a minimum of 28 days notice, then the lease can not force the tenant to waive that right and impose a stricter timeline to provide notice. 

1) Is there a LURA (land use restrictions agreement) recorded on title that requires you to income-qual tenants. 

@Joseph Scorese I think safety concerns via riots could be a factor but I honestly feel as though the COVID restrictions is the main driving factor pushing people around my age out of the city.

Thankfully for us they left voluntarily, but if they had not no one really seemed to know for sure if we could have evicted because of local Covid restrictions.