The post-Prop 10 honeymoon is over: Landlords once again under attack in Legislature
When Proposition 10 went down in defeat, the rental housing industry breathed a collective sigh of relief. Now, nearly four months after voters overwhelmingly rejected the statewide rent control initiative, a collective gasp may be in order.
The California Legislature — where Democrats now hold a super majority in both houses — has introduced hundreds of rental housing-related bills for 2019, the largest such batch in decades.
Unfortunately, an alarming number of those proposals would have negative ramifications on rental housing providers.
In the paragraphs that follow, we review some of the worst offenders:
Rent control: AB 36 by Assemblyman Richard Bloom, D-Santa Monica, states that the Legislature intends to stabilize rental prices and increase the availability of affordable rental housing. Although a spot bill, meaning it’s yet to be fleshed out with full details, AB 36 clearly seeks to mandate …