Now momentum is building behind another failed strategy: rent control. Assemblyman Richard Bloom, D-Santa Monica, has introduced a bill to repeal a 1995 state law — the Costa-Hawkins Rental Housing Act — that limits the scope of local rental control laws. Bloom and his three co-sponsors hope to take away rent-control exemptions for duplexes, condos and single-family homes and to let local-rent control laws cover far more properties than now allowed, including newer housing stock.
Rent control is no solution to a housing crisis caused by a housing shortage.
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