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Updated about 1 month ago, 10/10/2024
Rent control on November ballot
Hi everyone,
I heard the rent control in CA will get voted in CA this November. If it passes, that means there is a ceiling on rent, which means owning rental properties in CA less attractive. Will that drive the home prices down in CA? I heard some areas in New York home prices fell by 30% when the rent control law passed. What is your thoughts on this matter?