By Bo Tefu and Antonio Ray Harvey ?|? ?California? ?Black? ?Media
California voters have rejected Proposition 33, which aimed to expand rent control protections by repealing the Costa-Hawkins Rental Housing Act. With nearly 95% of precincts reporting, 61.6% of voters opposed the measure, while 38.4% supported it. The proposition would have allowed cities to extend rent control to properties not previously covered, such as newer homes and units with new tenants.
The initiative, backed by labor unions and tenant advocacy groups, sought to ease housing costs for groups like seniors, low-wage workers, and veterans. However, it faced strong opposition from landlords, real estate developers, and property owners, who argued that it would worsen California’s housing crisis by discouraging new construction and lowering property values.
This marks the third failure of a similar measure, following two unsuccessful attempts in 2018 and 2020. Proponents of Prop. 33 raised $50.1 million, while opponents outspent them with $124.6 million.