What Initiative Does:
Repeals Existing Housing Laws and Undermines Strongest Statewide Rent Control Law in Nation.
Repeals significant portions of our state’s rental housing law (Costa Hawkins), including single family home exemptions, while undermining California’s newly-enacted statewide rent control law.
Enables Permanent Price Controls, Even on Single-Family Homes and Condos.
Opens the door for permanent price controls on all types of housing units.
The Initiative Contains:
No funding for affordable housing or a requirement that it be built
No specific provisions to reduce rent
No specific protections for renters, seniors or veterans