‘Extreme’ rent control could be coming to California

A costly and potentially bruising campaign is taking shape over rent control in California, with deep-pocketed Los Angeles activist Michael Weinstein bankrolling a proposed November ballot initiative to repeal a state law that sets tight limits on the type of housing covered under local rent control laws.
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8 Responses to ‘Extreme’ rent control could be coming to California

  1. GI-had Joe says:

    I own a single family residence in CA that has been in my family for over 70 years and is currently being leased for a goodly sum.. If these fuckers screw with my livelihood, Allah fucking help them as I will bring it home to roost. Fuckers.

  2. Griffin says:

    One more step into that wonderful socialist utopia.

  3. crazyeighter says:

    Weinstein, behind two unsuccessful 2016 ballot initiatives that sought to require condoms in porn production and to cap state prescription drug costs to the lowest price paid by the U.S. Department of Veteran Affairs,

    So Weinstein is a multi-faceted shit-disturber/meddler, with no concept of economics.

  4. Aesop says:

    You’re looking at this wrong:
    Homeowners in CA are in favor of this too.

    Because “it could bring construction of new multi-unit housing to a standstill“.

    Which shuts down the ghettoization of vast residential tracts, which has been the bane of CA since the 1960s.
    Today’s apartments are tomorrow’s slums.

    No slums, no slum lords, no 370 illegals moving in to the new 36-unit apartment going in down the street.

    And the prices of existing real estate go up.

    Everyone wins – except landlords.
    Gee, tough to call how that’s gonna make most people feel.

    This will pass here in a landslide, precisely because the “unintended consequences” will be intended, if the proponents get the message out.

  5. Let me see if I’ve got this correct; the main problem is the lack of new housing being built, the builders and the buyers of these new units must know they can charge enough in rents to cover the construction costs and taxes, the rent-control boards are all politically controlled by socialists who don’t believe that anyone has a right to make a profit and if they lose money that’s OK because they got that money in the first place by being greedy.

    What could go wrong?

  6. Cynthia says:

    First and foremost , rent control is important for the following reasons : The costs of living for most families are spending more than 60% of their income on rent, with minimum money left to feed their family or pay bills . The prevailing wages are not enough for young families to survive , which is why they are living at home with parents or renting rooms with others if they are single with no children . This is insane ! It’s pure greed , more money in their bank ,no interest in the humanity of human survival . If rent control doesn’t take control more people will be moving out of California , such as myself (moved 4 yrs ago ) own a home .. mortgage payment is $710. 00 a month including property tax .. it’s not the beach or sunshine 365 days a yr , but the high price tag isn’t worth all the struggling to pay rent , have food on the table and have nothing left !!! More and more homeless people which is at an all time high ! The economy would also increase if people ACTUALLY had money to SPEND .. people need to get real ! Hopefully RENT CONTROL PASSES ! I watched my own son struggle in CA with his family ! It was heartbreaking seeing him work 6 days a week for what RENT , nothing left ! I got him to LEAVE finally ! THANK GOD for TENNEESSE .. you can work at Walmart and afford to pay RENT ! But all you people who want to fight rent control you must be people who are collecting the RENT !

    • Wirecutter says:

      Our rent in Stanislaus County wasn’t as bad as other places, for sure not as bad as the coastal areas but it was still almost 2 week’s wages at 24 bucks an hour.
      From what I hear though, it’s gone up almost 25% in the 2 years since we left for Tennessee and that ain’t nothing to sneeze at.

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