News: Proposition 10
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The number of newspapers urging readers to reject Proposition 10 and preserve the Costa-Hawkins Rental Housing Act continues to grow.
In recent days, more than 15 newspapers took stances against Prop 10, which would bring extreme forms of rent control back to California.
These newspapers include the Fresno Bee, Modesto Bee, Bakersfield Californian, San Francisco Business Times, Santa Rosa Press-Democrat, Palo Alto Daily Post, and La Opinión, the nation’s largest Spanish-language newspaper. Also joining the chorus against Prop 10 is the 11-newspaper Southern California Newspaper Group, which includes the Los Angeles Daily News, Orange County Register and the Riverside Press-Enterprise.… Read More
A UC Berkeley economist Tuesday released his third in a series of papers on why California should keep the Costa-Hawkins Rental Housing Act.
The new paper, “The Case for Preserving Costa-Hawkins: The Potential Impacts of Rent Control on Single Family Homes,” was authored by Kenneth T. Rosen, chairman of UC Berkeley’s Fisher Center and chairman and founder of Rosen Consulting Group.
If California voters approve Proposition 10 and overturn Costa-Hawkins in the Nov. 6 election, cities and counties will be authorized to impose rent control on single-family homes.
According to Rosen’s latest paper, single-family rent control would decrease property values… Read More
If the election were held today, a measure to repeal the Costa-Hawkins Rental Housing Act would likely go down in defeat, a statewide poll released this week indicates.
The poll, conducted by the Public Policy Institute of California, gauged voter sentiments on Proposition 10 and other ballot measures.
“Proposition 10, the local rent control initiative, trails by a 12 point margin,” Mark Baldassare, president and chief executive officer the institute, said in a news release about the poll. “The yes votes are falling below a majority among both homeowners and renters.”
Among likely voters, 48 percent would vote no on… Read More
The passage of Proposition 10 could invite radical activists to circumvent elected leaders and pursue extreme rent control measures through the initiative process.
That’s the takeaway from a news release issued this week by the No on Prop 10 campaign.
Proponents of Prop 10, a measure on the Nov. 6 statewide ballot that would repeal the Costa-Hawkins Rental Housing Act, argue the measure would simply give city and county officials more freedom to pass rent control policies.
In reality, it would transfer power to local activists seeking to restrict new development, even if it hurts tenants and homeowners, say local… Read More
Tagged: Costa-HawkinsProposition 10
The first pair of TV and digital advertisements opposing Proposition 10 have arrived.
Californians for Responsible Housing today released two, 30-second spots opposing Prop 10, the November ballot measure that would repeal the Costa-Hawkins Rental Housing Act and bring extreme forms of rent control back to California.
The ads, accessible here and at the bottom of this article, feature affordable housing experts who say of that Prop. 10 “makes a bad problem worse” and does “the opposite of what it promises.”
Without Costa-Hawkins, California cities and counties could once again adopt extreme forms of rent control, including the imposition of… Read More
Tagged: Costa-HawkinsProposition 10
In a study released this week, a UC Berkeley economist warns that repealing the Costa-Hawkins Rental Housing Act would worsen the state’s housing shortage.
The paper, authored by Kenneth T. Rosen and available here, focuses on the potential impacts of Proposition 10, a Nov. 6 ballot measure that would overturn 1995’s Costa-Hawkins Act.
Without Costa-Hawkins, California cities and counties could once again adopt extreme forms of rent control, including the imposition of rent caps on new apartments and single-family homes. Such moves would create a major disincentive for the development of much needed housing.
“The last thing California needs is… Read More