“We would revert back to the 1980s and it wouldn’t just be roller skates or rainbow headbands, it would be a lot worse.”
Krista Gulbransen, of the Berkeley, Calif., Property Owners Association, regarding a proposed rent control measure in California that will appear on the statewide ballot next week. The measure, Proposition 33, would repeal a state housing law that limits cities from enacting rent control measures. More than 30 California cities already have some rent increase limitations, with caps ranging from 3 to 10 percent annually for covered units. (Associated Press — Oct. 29, 2024)