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The ballot arguments in favor of Proposition 21 — the extreme rent control measure on November’s statewide ballot — contain “false and misleading statements,” according to a lawsuit filed this week.
The suit, filed Thursday in Sacramento Superior Court, seeks to strike and revise three statements made by the Yes on 21 campaign.
The plaintiff is Los Angeles owner Malcolm Bennett; the defendants are Secretary of State Alex Padilla and the signers of the ballot and rebuttal arguments. The suit notes that state law expressly requires that statements made in such arguments not be false or misleading. The Yes on… Read More
Tagged: Proposition 21
Threats to the rental housing industry continue to mount in California.
As the COVID-19 pandemic lingers, state lawmakers have yet to provide financial relief to either tenants or property owners. Without such assistance, rent is sure to go unpaid for months on end, triggering a wave of foreclosures and the disappearance of much-needed rental homes.
Meanwhile, with record turnout expected in November’s election, candidates unfriendly to the rental housing and apartment business could dominate the state Legislature unchecked, while taking control of city councils and county boards across California, resulting in even more policies that threaten your investments and housing… Read More
Tagged: News
Proposition 21, the November ballot measure that would return extreme, 1970s-style rent control to California, could result in “a potential reduction in state and local revenues in the high tens of millions of dollars per year over time,” says the non-partisan Legislative Analyst’s Office.
In a recently released report on the measure, the Legislative Analyst’s Office said “some landlords would sell their rental housing to new owners who would live there,” which would result in less affordable housing available to the state’s renters.
The office further noted that, if Proposition 21 were to become law “the value of rental housing… Read More
Tagged: ElectionsProposition 21
The ballot arguments against Proposition 21 in the Nov. 3 voter guide will come from Californians for Responsible Housing, a campaign committee created by the California Apartment Association.
California Secretary of State Alex Padilla
Secretary of State Alex Padilla selected the arguments from Californians for Responsible Housing last week, making it the official campaign of record against the extreme rent control proposition.
November’s election marks a second housing-policy showdown between Californians for Responsible Housing and anti-housing activist Michael Weinstein.
Two years ago, Weinstein used his AIDS Healthcare Foundation to bankroll a radical rent control measure that appeared on the November ballot… Read More
Tagged: ElectionsNewsProposition 21
California’s Secretary of State’s Office has assigned a proposition number to the extreme rent control measure slated for the Nov. 3 statewide ballot: Proposition 21.
The measure attacks California’s Costa-Hawkins Rental Housing Act and would welcome back the extreme forms of rent control that proliferated in California in the 1970s and make California’s housing crisis even worse.
Anti-housing activist Michael Weinstein is bankrolling the campaign to pass the measure, using funds from the nonprofit AIDS Healthcare Foundation, of which he is president.
Until now, Weinstein’s radical rent control measure has often been referred to as Proposition 10 2.0 for its… Read More
The State Building and Construction Trades Council of
California this week announced its opposition to Michael Weinstein’s radical
rent control measure.
The union’s announcement came Monday just hours before the
Secretary of State’s Office confirmed that Weinstein’s measure had qualified
for November’s ballot.
The anti-housing crusader’s measure would repeal significant
portions of the Costa-Hawkins Rental Housing Act and welcome back the extreme
forms of rent control that proliferated in California in the 1970s.
The State Building and Construction Trades Council of
California contends that Weinstein’s initiative will undermine the newly
enacted Tenant Protection Act of 2019.
“Californians are suffering from… Read More
Tagged: News
Signature-gathering is expected to begin soon in Michael Weinstein’s latest effort to place a radical rent control measure before California voters.
California’s attorney general this week issued a title and summary for Weinstein’s Rental Affordability Act, or Proposition 10 2.0, clearing the way for signature-gathering to begin.
The California Apartment Association has learned that Weinstein has retained a signature-gathering firm, which will likely hit the streets in a matter of days. If the statewide ballot initiative ultimately qualifies, it will appear before California voters in November 2020.
Tagged: Proposition 10Rent Control
A California Apartment Association-led business coalition this week defeated a pair of rent control ordinances proposed for the city of Anaheim.
Early Wednesday, after meeting for more than 12 hours, the council rejected both measures on a 5-2 vote.
The ordinances threatened to cap rent increases at 5% plus the rate of inflation for at least six months, time the city would have used researching permanent rent control policies.
Tagged: NewsRent Control Orange County
A statewide rent control measure targeted for 2020 would likely drive rental units from the market, decrease apartment property values, and possibly diminish annual tax revenues by tens of millions of dollars or more.
Those were some of the predictions this week from California’s Legislative Analyst’s Office. The nonpartisan fiscal and policy adviser published an analysis Monday of the potential impacts of Michael Weinstein’s Rental Affordability Act, or as some are calling it, Proposition 10 2.0.
The proposition is Weinstein’s latest attempt to return extreme forms of rent control to California through the statewide initiative process. Weinstein’s previous bid for radical rent control — Proposition 10 — failed miserably at the polls this past November.
The proposed statewide ballot measure would allow cities and counties to… Read More
Less than six months after Proposition 10 went down in crushing defeat, Michael Weinstein is again attempting to return extreme forms of rent control to California, a move that would decimate the supply of housing for California’s working families.
On Friday, Weinstein filed preliminary paperwork with the state attorney general to place another statewide initiative before voters, aiming for the 2020 ballot.
According to initial paperwork filed with California Attorney General’s Office, the new initiative seeks to create the Rental Affordability Act. Under this measure, cities and counties would be free to impose rent control on buildings after they turn… Read More