What’s the Big Idea?
Should California cities and counties be allowed to expand rent control?
The Way It Is Now
California’s rent control laws were frozen in place by the Costa-Hawkins Rental Housing Act in 1995. The law banned rent control on buildings constructed after 1995, blocked cities from expanding existing rent control and allowed landlords to raise rent to market rate when a tenant leaves.
What If It Passes?
Local governments would be free to enact their own rules around rent control. Cities that limited rent increases after a tenant moved out before Costa-Hawkins passed could resume that policy, known as vacancy control.
A majority of California renters are “rent burdened,” meaning they’re spending more than 30 percent of their income on housing. The high costs are pushing Californians into homelessness. In short, the rent is too damn high!
A cap on rents and a patchwork of local rent control laws will cause developers to stop building, and our shortage of housing units will get even worse.
YES for Proposition 10
NO for Proposition 10