Why Proposition 33 Could Be a Setback for California's Real Estate Market: Key Concerns for Property Stakeholders
Authority Property Management
JULY 26, 2024
While it is marketed as a measure to provide relief for renters, it poses serious concerns for property owners, managers, and landlords. Vacant units, allowing landlords to reset rent prices to market rates. Similar propositions were defeated in 2018 and 2020. New constructions built after February 1, 1995.
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