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Rent Control Could Change Dramatically As Millions Of Dollars Pour Into Proposition 10 Debate

09/05/2018 9:37 AM | Margaret Fulton (Administrator)

California voters this fall will decide on Proposition 10, a statewide ballot initiative that would allow cities and counties to greatly expand rent control.

Supporters argue the measure is needed to slow the state’s ever-increasing rents. But there’s strong debate about whether Prop. 10 is the right answer to the state’s affordable-housing crisis.

The measure would repeal the state’s Costa-Hawkins Rental Housing Act, which prevents cities from putting a cap on rents for apartments built since the law went into effect in 1995. And it exempts condos and single-family homes from any rent control.

Read More: http://www.capradio.org/articles/2018/09/04/rent-control-could-change-dramatically-as-millions-of-dollars-pour-into-proposition-10-debate/


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