As California struggles with high rents and housing insecurity, advocates of a rent control ballot measure argue that it is a crucial step towards stability. Spearheaded by AIDS Healthcare Foundation president and prominent political figure, Michael Weinstein, the initiative seeks to overturn a state law barring cities from implementing rent control on newer apartments. Some Republicans have announced their support for the initiative. However, notable opposition surfaces from Democratic California State Senator Toni Atkins, Assembly Appropriations Chair Buffy Wick, and leading construction unions such as the United Brotherhood of Carpenters and Norcal Carpenters Union. These opponents voice concerns that the measure harbors a concealed “Trojan horse” provision, potentially weakening pro-housing legislation. They argue that its implementation could empower affluent coastal cities to impose stringent affordability mandates, effectively halting growth.
Source: https://www.politico.com/news/2024/05/14/california-rent-control-ballot-measure-00157950