Real Estate/Development,
Government
Sep. 11, 2024
A look at Prop 33, the state's latest effort to expand rent control
Proposition 33 aims to expand rent control to post-1995 properties by repealing Costa-Hawkins. Supporters say it will curb rent hikes and prevent homelessness. Opponents warn it may worsen the housing shortage. Similar efforts have failed before.
Riley Cutner-Orrantia
Attorney, Crosbie Gliner Schiffman Southard & Swanson (CGS3)
Eurie Hwang
Law Clerk, Crosbie Gliner Schiffman Southard & Swanson (CGS3)
With the exorbitant price of housing in California, some local governments have attempted to alleviate costs by restricting a landlord's ability to increase rent each year - a policy known as rent control. Currently over 20 cities and counties in California - including San Francisco and Santa Monica - have rent control ordinances for residential rental housing.
On this November's ballot, the measure known as Proposition 33 seeks to give local government...
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