Proposition 33, the rent control statewide ballot measure, trails in early returns
Briefly

from Los Angeles Times3 months ago
Proposition 33 aimed to empower local governments in California to enforce stricter rent control laws by overturning the Costa-Hawkins Act, which currently limits such measures.
Los Angeles Timeshttps://www.latimes.com/california/story/2024-11-05/california-election-night-proposition-33-and-proposition-34
The AIDS Healthcare Foundation, which has been pushing for stronger rent control measures, faced significant funding opposition from the real estate industry, which argues these initiatives could worsen housing affordability.
Los Angeles Timeshttps://www.latimes.com/california/story/2024-11-05/california-election-night-proposition-33-and-proposition-34
Proposition 34, sponsored by the California Apartment Association, seeks to limit how healthcare providers like the AIDS Healthcare Foundation utilize federal drug program revenues, indicating a strategic push against rent control advocates.
Los Angeles Timeshttps://www.latimes.com/california/story/2024-11-05/california-election-night-proposition-33-and-proposition-34
Similar rent control initiatives have failed in the past due to the heavy financial influence of the real estate sector, highlighting the contentious nature of housing policies in California.
Los Angeles Timeshttps://www.latimes.com/california/story/2024-11-05/california-election-night-proposition-33-and-proposition-34
Read at Los Angeles Times
#rent-control #housing-policy #proposition-33 #aids-healthcare-foundation
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