By Susan Shelley, Columnist and speaker

Talking about repealing Vacancy Decontrol by itself, could reduce the supply of housing.

The Costa-Hawkins Act put statewide limits on the rent-control ordinances that local governments are allowed to enact. The law, passed in 1995, prohibited rent control on newly constructed residential housing starting in 1999. It also guaranteed owners of rent-controlled buildings the right to raise the rent to market rate for new tenants when former tenants moved out voluntarily.

Repealing Costa-Hawkins would allow local governments everywhere in California to enact new rent-control laws on any type of rental property, even your own home or condo, if you chose to rent it.

Read More:  http://www.smobserved.com/story/2017/03/15/opinion/reckless-bill-to-repeal-limits-on-rent-control-will-make-housing-crisis-worse/2723.html