There are now 600,000 rent-stabilized units in Los Angeles, yet the city has still been called the least affordable of any in the country. Now, a group of tenant organizations are joining a statewide effort to repeal a California law that restricts the number of rent-controlled properties.
They want to get rid of the Costa-Hawkins Act, a 1995 law that put limits on future local rent control laws and put a freeze on existing local laws.
The tenant groups are trying to do their part to collect the roughly 400,000 signatures needed to force the ballot initiative amid a deepening affordability crisis in the city and across California. Curbed first reported on their effort to gather names. Already, 200,000 signatures have been collected toward the cause, mostly by paid gatherers statewide, according to Los Angeles Tenant Union founding member Walt Senterfitt.
Read More: https://therealdeal.com/la/2018/02/19/l-a-tenant-group-joins-statewide-push-to-repeal-rent-control-restrictions/