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Updated almost 7 years ago on .

User Stats

83
Posts
35
Votes
Jim G.
  • Investor
  • Bay Area, CA
35
Votes |
83
Posts

California, Rental Control Costa Hawkins law

Jim G.
  • Investor
  • Bay Area, CA
Posted

Not sure if you are following this news.   Today in Oakland, and state wide, there is protests to repel Costa Hawkins law.    IMO, this would make CA's house crisis even worse.

The ballot initiative would repeal a state law known as Costa Hawkins that makes it illegal for cities to impose rent control on single-family rentals, condominiums or apartments built after 1995 or in some cases earlier — after a city adopted its first local rent control ordinance.

Currently there are a few metropolitan areas such as LA and SF/Oakland/Mt View has rental control which hasn't subject to SFH. If they remove Costa Hawkins, it would skew the housing market and further damage the principle pf free market.

Understand most people in this board are landlords, I am more interested in hearing the voice from tenants, especially those of them in California.

http://www.dailydemocrat.com/government-and-politi...