As California voters prepare to decide on a measure that could pave the way for stronger rent control ordinances in cities throughout the state, Valley-area businesses and trade groups are ramping up campaigns to defeat the November ballot initiative. Proposition 10 would repeal the Costa-Hawkins Rental Housing Act to give local governments full control over how much landlords can charge to rent apartment units. It would also allow cities to enact rent controls on single-family homes, which is currently prohibited by the law. Read the full story in the October 15 issue of the San Fernando Valley Business Journal.
