Prop. 33 on the Nov. 5 ballot would overturn Costa Hawkins. If that happens, and Peskin’s bill passes, every apartment build between June 14, 1979 and Nov. 5, 2024 would come under the city’s rent control law…
The legislation, sponsored by Sup. Aaron Peskin, would extend rent controls to the tens of thousands of units that are exempt under state law, if and when that state law is repealed or amended.
Under the Costa Hawkins Act, any apartment built after June 13, 1979 is exempt from any form of local rent control…(more)
Not sure why no one is asking the Mayoral candidates about this. They do a lot of lip service to “the high costs of housing”, but avoid talking about the corporate takeover and control of rental pricing. There is even less talk about the exorbitant costs of fuel and utilities. Most of these are state problems, but they need to be on the table for discussion every time the price of rent is raised, in my opinion.