“The smell is one thing I remember,” says retired Bronx firefighter Tom Henderson. “That smell of burning — it was always there, through the whole borough almost.”
http://www.economicpolicyjournal.com/2018/09/the-proposition-that-is-on-ballot-in.html
By Robert Wenzel
The 1970s Bronx Under Rent Control
While California state and local government officials set all kinds of guidelines for structures to withstand powerful earthquakes, a proposition sitting on the November ballot could, over time, bring more destruction to California housing than a major earthquake.
In November, California residents will vote on Proposition 10. The measure would allow cities to impose a wide range of rent-control policies.
Specifically, Proposition 10 is an initiated state statute that would repeal the Costa-Hawkins Rental Housing Act, thus allowing local governments to adopt rent control ordinances—regulations that
govern how much landlords can charge tenants for renting apartments and houses.
Costa Hawkins is a state law that sets some requirements for the 15 cities in California with rent control—Los Angeles and San Francisco included.
There are three main provisions:
- It allows landlords to raise the rent to market rate on a unit once a tenant moves out.
- It prevents cities from establishing rent control—or capping rent—on units constructed after February 1995.
- It exempts single-family homes and condos from rent control restrictions
Proposition 10 would end all these free market-leaning allowances.
Proposition 10 would:
- Open up all multifamily units in California to rent control
- Allow the application of rent controls to single-family homes and individually owned condominiums and townhomes
- Allow for regulations that would force landlords to keep regulated rents in place even after a tenant moves out
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