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Real estate interests are leading the opposition to California's Proposition 33 which would allow cities and counties to dramatically expand rent control.
The defeat of Prop. 33 doesn't solve California's housing crisis. There's still much deregulation to be done. But it does mean that localities won't have free rein to adopt the worst forms of rent ...
Proposition 33, titled Expands Local Governments’ Authority to Enact Rent Control on Residential Property, and also marketed as the "Justice for Renters Act", was a California ballot proposition and initiative statute in the 2024 general election that would have repealed the Costa–Hawkins Rental Housing Act and allowed localities to enact ...
Proposition 33 would allow local governments to dramatically expand rent control. It is drawing suppors from tenant groups and opposition from the real estate industry.
Also known as the Cal 3 measure, would have divided California into three U.S. states, subject to approval by the U.S. Congress. [46] Removed from the ballot by order of the California Supreme Court on July 18, 2018, for further legal review. [47] 10: Failed Expands Local Governments’ Authority to Enact Rent Control on Residential Property.
A survey conducted in October 2018 by the Los Angeles Times and the University of Southern California found that 28% of eligible California voters believed that the lack of rent control was the main contributing factor to California's housing affordability crisis. 24% of respondents believed that the most significant cause of the housing crisis ...
California voters rejected Proposition 33, which would have given local jurisdictions in California vastly more power to regulate rents. Proposition 34, which remained too close to call, would ...
Santa Ana, California, limits annual rent increases to 3% for any apartments built before 1995, which is below the state’s rent control cap of 5% plus local inflation.