September 28, 2018

Proposition 10: Possibly the Worst Approach to California’s Current Housing Crisis

Pacific Union Chief Economist Selma Hepp digs into the implications that Proposition 10 -- which would repeal the Costa-Hawkins Rental Housing Act -- would have on California housing markets.

What is Proposition 10?

Proposition 10 is a statewide ballot initiative in the November 2018 election that aims to repeal the Costa-Hawkins Housing Act. While Proposition 10 has become a polarizing issue, it is critically important to understand what it does and does not do.

What is the Costa-Hawkins Rental Housing Act?

The Costa-Hawkins Rental Housing Act was passed by the California legislature in 1995 and places limits on municipal rent-control ordinances.

To read the full post, click here: https://pacunion.us/2Od6A7F