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Rent Control May Expand Through Vacancy Decontrol Ballot Initiative

10/27/2017 9:20 AM | Margaret Fulton (Administrator)

As Homelessness Mounts, renters are desperate and homeless despair. But will a law solve anything?

A bill before the State Legislature could reverse the Costa Hawkins Law. This 1995 law allows a landlord to get out from under rent control by declaring a kind of bankruptcy, and going out of business. It modified Santa Monica's 1978 Rent Control law.

Costa Hawkins also excludes from rent control single-family homes and apartments built after 1995. The new law would repeal Costa Hawkins through an initiative on the 2018 ballot.

Read More: http://www.smobserved.com/story/2017/10/26/news/rent-control-may-expand-through-vacancy-decontrol-ballot-initiative/3166.html


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