Grants New Powers to Regulatory Bodies to Impose or Modify Rent Policies – Without Public Oversight.
Proposition 21 will change existing law to allow extreme rent control regulations and rules to be locally- enacted by unelected rent boards. These boards could change the cost and availability of housing with no requirements that they seek public input or that they hold a public vote.
Eliminates Homeowner Protections.
Proposition 21 allows regulators to tell single-family homeowners how much they can charge to rent out their homes – even if they just want to rent a single room. Homeowners will be subject to regulations and price controls enacted by unelected boards.
Reduced Availability of Affordable and Middle-Class Housing.
Independent academic experts from Stanford and U.C. Berkeley agree extreme rent control policies like those in Prop 21 discourage new construction and reduce availability of affordable and middle-class housing, driving up rents for many Californians.
Cannot Be Easily Changed without Another Statewide Initiative.
Proposition 21 can only be amended by the legislature with a 2/3 vote and only to further its purpose. Another ballot measure would be required to change any substantive problems.