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Repealing Costa-Hawkins would imply cities could enact radical hire Management, even on one-spouse and children homes and condos, and forestall house entrepreneurs from resetting the rent to the market amount following a tenant voluntarily moves out."
Landlords Possess a suitable to enhance lease rates to current market fees when a tenant moves out (a policy often known as vacancy decontrol).
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If Proposition 33 passes, that might change. Metropolitan areas could be permitted to manage rents on any kind of housing – including solitary-spouse and children properties and new apartments, and For brand spanking new tenants.
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• Prohibit landlords from increasing rents for spaces in cell house parks by over the once-a-year modify during the Bay Location Purchaser Cost Index or three p.c, whichever is reduce.
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