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Updated over 7 years ago,
New Rent Controls are being pushed through Local California Gov
http://sfist.com/2017/03/06/david_chiu_rent_contro...
Make sure to get out and vote. Also contact your local reps because this is going down.
Reach out to your local Apartment Associations, Your local brokers/ RE agents/ Property Managers etc.
They're pushing for rent control. Meaning tat you will have to pay $10-20k!!!! PER unit if you ever want to live in your own property or evict someone. Even if they are drug dealers etc.
Also they're trying to MANDATE government voucher programs-- Banning the ability to say NO to section 8. This is like socialism!
You won't be able to raise your rent more than the CPI which is at just 1.6% right now!! How are you supposed to do this when utilities, property taxes, the cost of contractors, the cost of repairs goes up each year by like 5-25%!!