California Draconian Rent Control Proposition 21
California will once again have on the November ballot a massively draconian and destabilizing rent control measure. The current measure PROP 21 is very similar to a previous measure that was soundly defeated in 2018.
However, the current proposal seeks to deftly exploit the ongoing Covid-19 economic crises notwithstanding the numerous financial and operational hardships already being borne by the landlording community.
Therefore it's vitally important that the landlording community (in all states) recognize these harmful initiatives and the nearly universal long-term counterproductive effects that they have had in practice.
Short term ideological satisfactions rarely ever represent sound, sustainable and responsible policy and this initiative is by no means an exception.
California landlords must coordinate their efforts to soundly defeat PROP 21, and all landlords everywhere should recognize how passage of this provision could ultimately be a precursor for similar misguided initiatives in other states.
Vote NO on CA PROP 21.