WHAT IS PROPOSITION 10?
Proposition 10 is a California voter initiative that would repeal a 1995 law called the Costa-Hawkins Rental Housing Act. The law prevents localities from enacting certain forms of rent control. Notably, it exempts single-family homes from rent control laws, along with apartments built after 1995. It also prevents something called vacancy control, allowing landlords to raise the rent without limit whenever a tenant under rent control moves out.
The Costa-Hawkins Rental Housing Act. A quick history lesson:
As the rent-control movement swept California in the 1980s, real-estate interests began calling on the state Legislature to keep those policies in check, arguing that rent control was making the housing shortage that existed then even worse. After several years, the lobbying by powerful coalitions of developers, landlord associations and real-estate investors succeeded, and Costa Hawkins was signed into law in 1995. It exempts from local rent control any apartment built after 1995 — or, in some cities, much earlier. In Oakland, Berkeley and San Francisco, for example, anything built since those cities passed rent control in the late 1970s or early 1980s with exceptions for new construction is forever classified as “new construction” and exempt from rent control.
WHAT DOES YOUR VOTE MEAN?
YES – A YES vote on this measure means: State law would not limit the kinds of rent control laws cities and counties could have.
NO – A NO vote on this measure means: State law would continue to limit the kinds of rent control laws cities and counties could have.
PRO – Prop. 10 restores authority to establish rent control in local communities, putting fair, annual limits on the amount landlords can raise rent. This keeps tenants in their homes rather than being pushed far away or into homelessness.
CON – Prop. 10 will make the housing crisis worse, not better. Affordable housing advocates agree that Prop. 10 is bad for renters and bad for homeowners! It allows regulation of single-family homes and puts bureaucrats in charge of housing by letting them add fees on top of rent.
**This topic is shared for informational purposes only.