Seems like polling has been all over the place on Prop 6.
Yeah, the congressional polls suggest that it will fail. The SUSA poll? Not so much. Hopefully it fails.
Glad that Prop 7 is leading though, even if it messes with East Coast election watching. I hate when the sun sets at like 4:45.
I honestly don’t know how to feel about Prop 10. What CA needs above anything else is more housing. I’m not sure that Prop 10 would help that.
Prop 10 scares some developers but is okay with others. Those who build and hold usually find rent control more acceptable. Those who entitle the land and sell the project plans, or entitle the land, build, then sell the building are more afraid of rent control because it theoretically decreases resale value.
However, NIMBY residents and antiquated zoning laws are still bigger challenges for housing production, at least in LA. And Prop 10 obviously won't address those issues. And it doesn't address the fact that even if you have a rent controlled unit, what is the "market rate" when you move in? Probably even higher than it is currently before you can benefit from the capped yearly increases.
The one size fits all SB827 approach is still hard for me to swallow, even as someone who is in favor of significant increases in urban infill development.
