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Costa-Hawkins Act

81–90 of 155

A bill that would cap annual rent increases for much of California’s multifamily housing stock now includes significant amendments secured by the California Apartment Association.   The amendments to AB 1482, among other things, would prevent local governments…

A statewide rent control measure targeted for 2020 would likely drive rental units from the market, decrease apartment property values, and possibly diminish annual tax revenues by tens of millions of dollars or more.  Those were some of the predictions this week from California’s Legislative Analyst’s Office. The nonpartisan fiscal and…