There’s little doubt that a badly designed rent control ordinance can have ill effects in reducing private investment in housing construction or maintenance — but a well-designed one can hugely benefit vulnerable renters who are struggling to survive in a housing market that radically tilts the scales of power towards homeowners and landlords. Repealing Costa Hawkins would be a small but crucial step to giving renters a greater voice in local housing policy debates and allowing cities to tailor policies to their own local conditions.
Read more here
