The Rental Affordability Act

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Is there a correlation between rents and homelessness?
As a homeowner, why would I need to care about the RAA?
Is there any benefit for landlords?

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This edition of the Rental Affordability Act’s telephone town hall discussed the ballot initiative for rent control in California. Guest Speaker Rene Christian Moya, Campaign Director of the RAA, spoke about what the law would entail. He stated that the passage of the act would not necessary prevent rent increase, but will regulate it to make it more livable for residents of the state of California. A few participants wanted to discuss some of the negatives about rent control. Mr. Moya addressed these concerns, and he added that the initiative shouldn’t prevent future development.

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