AB 1506 Residential rent control. JOB KILLER

AFFORABLE HOUSING BARRIERS:

OPPOSE AB 1506 (Bloom; D-Santa Monica) JOB KILLER: Reduces Rental Housing Supply — Discourages new construction and decreases the rental housing supply by allowing cities and counties to adopt rent control measures without any limitations through the repeal of the Costa-Hawkins Rental Housing Act (a California law that created a statewide formula for local governments to follow if they elect to implement rent control) and expanding rent control to single-family homes and condominiums. Assembly Housing and Community Development Committee hearing January 11

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