The Costa Hawkins Rental Housing Act could be repealed by voters if they pass an initiative set for the November 2018 ballot.
Costa Hawkins, a law enacted approximately 40 years ago, put limits on rent control regulations that could be passed by local cities. Many cities in California do not have rent control, but could pass new regulations if Costa Hawkins is repealed.
Single family homes and condos are generally exempted from rent control laws, as are newer homes. The current law also allows landlords to raise the rent to market rate once a tenant moves out of an apartment unit. That practice could be prohibited by new local regulations if Costa Hawkins is repealed.
Opponents of the initiative argue that the initiative would limit the money landlords have to invest in maintaining properties and would artificially limit rental rates, even when the market warrants increases. They also argue that property values are harmed not only by properties under rent control, but also those properties nearby - thus reducing property tax collections by local governments.
The initiative, Proposition 10, will be voted on during the general election set for Tuesday, November 6, 2018. You can register to vote online in California at: https://registertovote.ca.gov/