All tagged rental housing act

Why Repealing Costa Hawkins Will Only Hurt Affordable Housing

There has been much talk in the news of the tenant advocate groups receiving enough signatures to add a measure in this November’s ballot to repeal Costa-Hawkins.  The Costa-Hawkins Rental Housing Act is a California state law enacted in 1995 that placed limits on local rent control ordinances.  Costa-Hawkins did not outlaw rent control, but instead placed two main limits to municipalities that had/have rent control:  1) It exempted certain types of buildings from rent control (Single Family Residences, Condominiums and new construction), and 2) it instituted vacancy decontrol (whereby the rents of a unit subject to rent control could be brought up to market rate upon a resident moving out.