SAN DIEGO (KGTV) -- A new ballot initiative could transform the California housing market in November - by lifting restrictions on rent control laws.
The Costa-Hawkins Rental Housing Act passed in 1995 - severely limiting municipal rent control ordinances. Repealing the act would restore the right of local communities to place reasonable limits on annual rent increases through rent control protections on all types of homes.
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San Diegans in favor of rent control say they're spending more than half their income on rent, and it's only going up.
But those against it say that it's only a Band Aid for a larger issue.
"The housing crisis didn’t originate out of thin air. People are going to be continued to be gouged in their rents unless there is something protecting them, that’s rent control," Bautista said, adding increase in rent is one of the contributing factors to homelessness. "We’ve seen the numbers, we’ve seen people end up on the streets, the exploding of homelessness."
Last month National City residents got one step closer to rent relief - by collecting 3,500 signatures in favor of rent control from registered voters. National City voters will make their decision on the November ballot.
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