Can elected officials repeal a voter approved legislation such as Costa Hawkins?
If Costa Hawkins bans rent control at city and county level, does it ban state level rent control?
Actually Oregon kept the ban on local rent control but still passed statewide rent control. Cities in Oregon have no authority to implement a different rent control policy.
Maybe we should rent a 3M house in Cupertino for 4500 a month now, in case statewide rent control passes. That way, you can grab a low rent house and keep it forever
Rent control will come with just cause eviction control, rental registration, and other forms of controls
Don’t move to actual Seattle. The city council is insane. The suburbs are safer where it’s almost all SFH and owner-occupied. They won’t have the political will to take priority rights away from owners, since it’d be taking right away from themselves.
Jobs are only at Portland, 5-7 miles away. I do not look for jobs, sell all CA rentals as I may take retirement. Any way, serious consideration is to stay bay area, sell all rentals when rent control comes into picture.
California (and DEMs) are changing the environments.
Too much CA tax, SALT removal by Trump, SJC City business tax (all rentals), property tax are applied at expense side. No one can control on this tax expense, neither can challenge government.
In the name of rent control, they apply lot of restriction on revenue side - which is horrible.
Rather simply buy some S&P index, keep quiet.
If I decide to move tax free state later, I can sell my stocks/funds without paying any penny to CA tax.