Real Estate Articles

2020-11-05 Californians Reject Bid to Expand Rent Control | By: Brad Beckett

Californians Reject Bid to Expand Rent Control

By Brad Beckett 

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.”  In addition they point out that the measure would not have offered any immediate relief to tenants struggling to pay their rent but rather it would have allowed cities & counties to implement stricter forms of rent control than they currently are allowed to by law. 

Click here for article 

Contact Us

Greater Dayton Real Estate Investors Association

3541 Dayton-Xenia Road #341591
Dayton, OH 45434
(937) 216-5724

Proud Chapter of National REIA

Follow Us


Privacy and Security Policies

Your email will never be shared or sold to other members, vendors or any other third party without your consent.

Disclaimer

www.GdREIA.com  (Greater Dayton Real Estate Investors Association) does not give legal, tax, economic, or investment advice. GD REIA disclaims all liability for the action or inaction taken or not taken as a result of communications from or to its members, officers, directors, employees and contractors. Each person should consult their own counsel, accountant and other advisors as to legal, tax, economic, investment, and related matters concerning Real Estate and other investments.   

Copyright 2022 © Greater Dayton Real Estate Investors Association  All rights reserved.

This REIA Website is powered by: Real Estate Promo.