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Proposition 33 seeks to overturn the Costa-Hawkins Act, which prohibits local rent control on apartments built after the law took effect in 1995 (or earlier in some cities).
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California's Prop 33 explained: Rent control measure and its impact on renters, landlords - MSNProposition 33 addresses rent control in California – or at least how much authority local government has over rent control. Here's what to know.
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Prop. 33, California’s rent control measure, is likely to fail for third time despite housing crisis - MSNProp. 33 would have repealed the Costa-Hawkins Rental Housing Act, which prohibits the state from limiting cities and counties’ rent-control ordinances.
Opponents say if Prop 33 passes, California's housing shortage could worsen. Those against the proposition said property values could drop and developers are likely to stop building new housing.
In November, California voters will decide if local governments should be given the power to expand rent control if they wanted to. This is Prop 33 explained.
If passed, Prop 33 would not automatically impose rent control statewide. But it would give local jurisdictions the power to expand rent control to more modern buildings and single family homes.
But the 1995 law that Prop. 33 would repeal, known as the Costa-Hawkins Rental Housing Act, put a stop to that, along with any rent control on single-family homes or those built after 1995.
California’s Prop. 33 ballot measure in November election would repeal statewide rules limiting rent control, resulting in less new housing.
Proposition 33 addresses rent control in California – or at least how much authority local government has over rent control. Here's what to know.
In November, California voters will decide if local governments should be given the power to expand rent control if they wanted to. This is Prop 33 explained.
In November, California voters will decide if local governments should be given the power to expand rent control if they wanted to. This is Prop 33 explained.
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