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Updated almost 4 years ago,
Two ominous bills being incubated in Sacramento
"If you own a property, you should be able to move into it with your family, retire from the rental business when the day comes, or convert it to your heart's desire, but not under AB 854. If passed, landlords will have to stay in business forever and be severely restricted in what can be done with the property."
https://bornstein.law/ominous-bills-being-incubated-in-sacramento/
Why would anyone provide rental housing in California if this was passed? Only corporations who can protect themselves via economy of scale. Will this be good for tenants? NOPE.