On the ballot: rent control

California voters will cast a ballot on Prop 33. Prop 33 would repeal of the state’s restrictions on local rent control. The pros/cons: “While rent control — caps on rent increases — provides relief to tenants, some economists suggest there are significant trade-offs: Rent control policies can lead to higher rents for uncontrolled units, reduce landlords’ incentive to maintain units, and dampen the creation of new rental housing — exacerbating affordable housing shortages.”

Governing | California’s Rent Control Ballot Measure Could Reverberate Across the U.S.