News: Proposition 21

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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

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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

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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

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Tom Bannon In CAA’s sixth podcast, Tom Bannon, CAA’s chief executive officer, discusses the many problems with Proposition 21 — including its impact on small-scale landlords — and ways the rental housing industry can help defeat the proposal in November’s election. Listen here

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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

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