Californians Reject Bid to Expand Rent Control

We have been closely watching the rent control issue for quite a while and have some good news to report from last Tuesday’s election.  For the second time in two years voters in California have said no to expanding rent control.   Proposition 21 would have allowed local governments to put rent control in place for many types of housing, including single family homes and condominiums.  The LA Times says Prop 21’s failure means that “landlord groups have convinced voters that stricter limits on rent hikes are not a solution to California’s housing affordability problems.”  Continue reading HERE...