Rent control coming to San Diego and Orange County!?

[Chris A Godbolt]

I have been reading and listening to local news here in San Diego. I am still a rookie looking to invest in my first deal this year. But while I was researching I found that 55 % of voters support the implementation of rent control and 60% support for the state as a whole! From what I have read and listened to now audio books this is a very bad thing for the local markets. I was wondering if anyone had any experiences they would like to share if they live or invest in areas that already have implemented rent control. Is this something SoCal investors should worry about or are there strategies to turn this into a great thing. Thanks all for your opinions in advance.

[Ned Carey]

That is because 55% of voters are morons (sorry poor choice of words They are not morons, they are simply ignorant) .  Rent control has been proven time and time again to be counterproductive especially to the poor who it is designed to help.