California’s rent control rejection might point to national appetite for different approach • Michigan Advance - News Summed Up

California’s rent control rejection might point to national appetite for different approach • Michigan Advance


The measure’s defeat disappointed tenant advocates who argue that rent control would help curb the rapid rise in rents across the state. But for landlords and the housing industry, the latest defeat of the ballot question signals that statewide rent control remains a tough sell. California rent prices continue to outpace wages, however, and advocates say that landlords and developers can and have skirted the 2019 law. “Local rent control efforts allows for deeper conversations with residents, while statewide ballots tend to scatter the messaging.”But voters in some parts of California still resist municipal rent control efforts. Voters in three Marin County cities rejected ballot measures that would have enacted or expanded rent control ordinances in their communities.


Source: Los Angeles Times November 26, 2024 09:57 UTC



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