Business Advocacy Committee looks at Rent Control Proposition

​On March 11, the WVCBA Business Advocacy Committee received a presentation from the opponents of a rent control proposition that will appear on the November 5 California ballot. Here are the specifics of the measure.

Current state law (the Costa-Hawkins Rental Housing Act of 1995) generally prevents cities and counties from limiting the initial rental rate that landlords may charge to new tenants in all types of housing, and from limiting rent increases for existing tenants in (1) residential properties that were first occupied after February 1, 1995; (2) single-family homes; and (3) condominiums. This measure would repeal that state law and would prohibit the state from limiting the right of cities and counties to maintain, enact, or expand residential rent-control ordinances.
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Proponents of the initiative have floated similar ballot measures in 2018 and 2020. Both were opposed by WVCBA and both failed. The WVCBA Board of Directors will be looking at the current measure at their March 28 meeting, and we will communicate our position following their action.