News: Costa-Hawkins

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Thanks largely to a campaign led by the California Apartment Association, voters in the Nov. 6 election overwhelmingly rejected Proposition 10, the statewide ballot measure that would have repealed the Costa-Hawkins Rental Housing Act and brought extreme forms of rent control back to the state. With 100 percent of precincts reporting, 61.7 percent of voters rejected Prop 10, while 38.3 percent voted to approve the measure. “The stunning margin of victory shows California voters clearly understood the negative impacts Prop 10 would have on the availability of affordable and middle-class housing in our state,” said Tom Bannon, chief executive officer… Read More

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In a poll released this week, a statewide ballot measure that would repeal the Costa-Hawkins Rental Housing Act continued to trail by a wide margin. The final pre-election Berkeley Institute of Governmental Studies Poll, published Wednesday, indicated that 60 percent of likely voters oppose Proposition 10, while 35 percent support the measure, and 5 percent are undecided. “This poll mirrors public and private polling that shows voters clearly understand that Prop 10 is a flawed measure that would worsen California’s affordable housing crisis, reducing property values and freezing the construction of housing for low- and middle-income families that we desperately… Read More

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Proposition 10, the statewide ballot measure that would repeal the Costa-Hawkins Rental Housing Act, was trailing by a growing margin in a poll released this week by the Public Policy Institute of California. The PPIC poll shows that 60 percent of likely voters would vote no on Prop 10, while 25 percent would vote yes, and 15 percent are undecided. If Costa-Hawkins is overturned in the November election, California cities and counties will once again gain the authority to adopt extreme forms of rent control, including the imposition of rent caps on new apartments and single-family homes. Such moves would… Read More

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A newly released paper by a UC Berkeley economist explores how repealing the Costa-Hawkins Rental Housing Act could drive down property values and erode tax money for school districts and local communities. The paper, “The Case for Preserving Costa-Hawkins: How Rent Control Reduces Property Values, Hurts Small Businesses and Limits State and Local Tax Revenue,” 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 once again be authorized to adopt extreme… Read More

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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

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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

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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

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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

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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

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A bipartisan coalition of political leaders from across California has urged voters to reject a ballot measure that would repeal the Costa-Hawkins Rental Housing Act and return radical forms of rent control to the state. The coalition, including officials from the city, county and state levels, says Proposition 10 would hurt local budgets while underming efforts to tackle California’s affordable housing crisis,  the No on Prop 10 campaign said in a news release. If voters approve Prop 10 in the Nov. 6 election, cities will be authorized to apply rent control to single-family homes and new multifamily housing. They’ll also… Read More

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