Bill to expand California rent control fails

Voters hold signs demonstrating their support for legislation that would allow California communities to expand rent control policies during a legislative hearing in Sacramento, Calif., on Thursday, Jan. 11, 2018. The proposal would repeal a law known as the Costa-Hawkins Act that limits cities’ ability to adopt rent control measures on properties built after 1995. (AP Photo/Kathleen Ronayne)

SACRAMENTO, Calif. (AP) – The Latest on California legislation to repeal limits on rent control (all times local):

1:00 p.m.

A bill aimed at expanding rent control in California won’t be moving forward in the Legislature.

The legislation by Assemblyman Richard Bloom of Santa Monica was one vote short of passage Thursday in an Assembly committee.

The Democrat’s proposal would have repealed a 1995 law that prohibits cities from placing rent control on properties built after that year. It would not have mandated new rent control.

Bloom says tenants across California need relief from high rents.

But supporters of the rent control restrictions say more rent control would stifle more building and help alleviate strains on housing supply.

___

12:00 p.m.

Legislation aimed at expanding rent control in California is drawing hundreds of landlords and renters to the Capitol to voice their opinions.

Up for debate is the repeal of a 1995 law that strictly limits cities’ abilities to adopt rent control on properties built after that year. Supporters say repealing the law would help renters struggling with ever-rising costs. But opponents say more rent control will stifle badly needed construction.

California is in the midst of an affordable housing crisis. Construction isn’t keeping up with demand, and experts estimate a third of renters are paying more than half their income for housing.

Fifteen California cities, including Los Angeles and San Francisco, have some form of rent control, but it applies to just a fraction of properties.

WHAT OTHERS ARE CLICKING ON: 

>>MORE STORIES

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s