Rent control is one of the most controversial issues in urban development. Renter protection advocates argue that housing costs, especially for low-income people, must be contained to prevent displacement and homelessness. Others contend that limiting what landlords can charge in rent discourages development and ultimately drives up housing costs.
In 1995, The Costa-Hawkins Act barred rent control in California on homes and apartments built after that year. In an era of extreme housing costs, what has this law meant for Bay Area renters and what effect does rent control have on the economics of housing? What are prospects for the current efforts afoot in the state legislature to repeal Costa-Hawkins?
Tech Equity Collaborative (TEC) will be joined by Rob Bonta, State Assemblyman for CA-18 (East Bay) and author of the Costa-Hawkins repeal bill, as well as other housing experts and renter protection advocates.
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