Why Proposition 33 Could Be a Setback for California's Real Estate Market: Key Concerns for Property Stakeholders
Authority Property Management
JULY 26, 2024
While it is marketed as a measure to provide relief for renters, it poses serious concerns for property owners, managers, and landlords. Under Costa-Hawkins , rent control is prohibited on: Single-family homes and condominiums. Vacant units, allowing landlords to reset rent prices to market rates.
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