“An initiative that would give cities and counties the authority to employ rent control policies has found its way onto the November ballot. While some feel this will help ease California’s housing crisis, others say that it would only make matters worse.
The initiative, known as Prop 10, would repeal the Costa Hawkins Rental Housing Act which prevents cities from passing laws that suppress rents.
Proponents of the initiative, including the Coalition for Affordable Housing, the AIDS Health Care Foundation and Alliance of Californians for Community Empowerment argue that housing costs continue to skyrocket in California with median rents the highest in the country.
The government defines housing costs in excess of 30 percent of income as burdensome. However, more than half of California renters are spending 30 percent or more of their income on rent while a third of renters are spending more than half of their income, according to supporters of the initiative.
No on Prop 10, one of three political action groups opposing the initiative, argues that the initiative has no protections for renters, seniors, veterans or the disabled and doesn’t provide rent rollbacks or new affordable housing. According to No on Prop 10, increasing tax credits for renters, passing new bonds to provide public funding for affordable housing construction and requiring developers and cities to build more affordable housing across the state are better solutions for addressing the state’s housing crisis.”