California law known as the Costa-Hawkins Rental Housing Act limits how far cities and counties can go when passing local rent control laws. As a result, rent control cannot apply to single-family homes or to housing built after January 1995. Local laws also cannot restrict the rents landlords charge when new tenants move in. Proposition 10 would overturn Costa-Hawkins, freeing local governments to set rent control laws without state restrictions.
Yes on Prop. 10: Peter Dreier, professor of politics and founding chair of the Urban and Environmental Policy Department at Occidental College, says the initiative provides local communities a tool to address housing affordability and homelessness.
No on Prop. 10: Kenneth T. Rosen, an economist and chairman of the UC Berkeley Fisher Center for Real Estate and Urban Economics, says tougher rent control laws would reduce the supply of badly needed housing.
Published at Sat, 22 Sep 2018 08:10:36 +0000