In November 2018, California residents are expected to vote on Proposition 10, a statewide Affordable Housing Act which would repeal the Costa Hawkins Rental Housing Act and give cities the ability to impost rent-control policies. Proponents say Proposition 10 will fix California’s housing crisis but, opponents say it will do the exact opposite. The following article will go into how the repeal of Costa Hawkins came to be, what’s currently happening in the market, and the possible implications of Proposition 10.
30 Oct 2018
The Known Unknown of Costa Hawkins: How will the repeal affect multifamily in California?
Category: Apartments, Industry News, Multifamily
Tags: affordability, affordable housing act, Apartments, costa hawkins, costa hawkins rental housing act, Multifamily
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