**OPPOSE** Proposition 21 - Rent Control Affordable Housing Initiative
Will turn back Governor Newsom’s rent control law, apply rent control to newer property and have dramatic impact on housing and property owners.
Caps rent increase to 15% after tenant vacates—previously landlords allowed to bring rental unit up to market value and additional 5%
Encouraging landlords to take rental properties off the market and convert them into condos and town homes, further reducing the rental housing supply and making the housing crisis even worse.
Put as many as 539 rental boards in charge of housing, with bureaucrats deciding what people can and cannot do with their properties.
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