Amid fierce opposition from CAA, lawmakers have once again fallen short in their efforts to weaken California’s Ellis Act – the 1985 law that protects a property owner’s right to exit the rental housing business.
Since 1985, the Ellis Act has provided an important safety valve for landlords operating in rent controlled jurisdictions, guaranteeing they can walk away from the business when rent control becomes too burdensome.
For three straight years, lawmakers have taken aim at this legislation, and …
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