Why Proposition 33 Could Be a Setback for California's Real Estate Market: Key Concerns for Property Stakeholders
Authority Property Management
JULY 26, 2024
Rent control can lead to reduced rental income, which in turn affects the overall valuation of properties. Maintenance and Upgrades With capped rental income, property owners might find it challenging to maintain and upgrade their properties. Similar propositions were defeated in 2018 and 2020.
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