I am a long term Santa Monica resident, and can remember the bad old days of “vacancy control”. It was horrific.

Prop 21 would return vacancy control to Santa Monica, and so cap the price of rents to new renters, often at very low levels – and over time inflation will send those capped rents lower and lower.

Read More: https://www.smdp.com/your-column-here-no-on-21/197372