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Costa-Hawkins Rental Housing Act reform: Difference between revisions
Costa-Hawkins Rental Housing Act reform (view source)
Revision as of 22:10, 12 January 2018
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[[File:AB1506-hearing-room.jpg|thumb|right|500px|California Assembly hearing for AB 1506 Costa Hawkins repeal]] In 2017 two efforts launched to repeal the [https://en.wikipedia.org/wiki/Costa-Hawkins_Rental_Housing_Act Costa-Hawkins Rental Housing Act] ("Costa-Hawkins"), a California state law enacted in 1995 which places limits on municipal [https://en.wikipedia.org/wiki/Rent_control rent control] ordinances
*[http://www.yimby.wiki/wiki/Costa-Hawkins_Rental_Housing_Act_reform#AB_1506_bill_to_repeal_Costa_Hawkins '''AB 1506'''], a California State Assembly bill, and
*'''[http://www.yimby.wiki/wiki/Costa-Hawkins_Rental_Housing_Act_reform#2018_ballot_initiative_to_repeal_Costa-Hawkins California Local Rent Control Initiative], '''a ballot initiative<br/>
== Costa Hawkins Act terms ==
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<br/> alon_levy @alon_levy [https://twitter.com/alon_levy/status/951575113471754240 2:02 PM - 11 Jan 2018]<br/> Replying to @IDoTheThinking<br/> "Alternative: tie SB 827 with a statewide ban on rent control. All of today's RC units become market-rate at an integer # of tenancy years."
Belmont Renters @BelmontRenters [https://twitter.com/BelmontRenters/status/951603247927631872 3:54 PM - 11 Jan 2018]<br/> Replying to @MarcSteinorth<br/> "What about rent control on buildings that are 20 years old? Payback period for new construction is rarely longer than 10 years."
<br/> matthewplan @matthewplan [https://twitter.com/matthewplan/status/951743231095537664 1:10 AM - 12 Jan 2018]<br/> Replying to @weel @VamonosLA<br/> "The argument is let different cities make their own policies and not let Costa Hawkins tie hands. Though there likely should be some year limit - 25 years after construction - to ensure new construction isn’t impacted."
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