California's Proposition 33 Could Radically Alter Rent Control Laws
The ballot measure aims to repeal state limits on rent control, potentially allowing cities to impose stricter regulations.
- Proposition 33 seeks to repeal the Costa-Hawkins Act, enabling local governments to expand rent control to newer properties and single-family homes.
- Supporters argue it would help address California's housing crisis by allowing cities to tailor rent control laws to local needs.
- Opponents fear that expanded rent control could deter new housing construction and worsen the housing shortage.
- Key cities like San Francisco and Los Angeles have already prepared measures to expand rent control if Prop. 33 passes.
- Polling indicates a divided electorate, with a significant portion of voters still undecided on the measure.