I wrote a fairly exhaustive blog post on why I'm voting no on California's rent control initiative, Proposition 33, and why I recommend you do too.
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Here's the DC law. If Prop 33 changed Costa-Hawkins to allow cities to adopt something like this then I'd vote for it, as I did for Prop 21 in 2020. Instead, Prop 33 removes all guardrails on RC permanently, and it will be abused and misused -- by design.
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Rohin Ghosh
@RohinGhosh
The anti vacancy control argument is contrary to what I've seen in DC which has loose vacancy control. Vacancy control means that newcomers and people moving homes have a shot at benefiting from both stability and affordability given by rent control. CA friends, vote yes on 33! x.com/ShaneDPhillips…
[No lo Hagas 2024]
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I’m supportive of rent control if implemented the right way. The problem is it is almost never implemented correctly.
Excellent article! This is the best piece I’ve read that explains rent control in layman terms. I’m definitely sharing this with a couple of friends who are unsure about Prop 33. I’ve donated to the “no on 33” campaign as well, and I hope this is the last proposition of its kind.
Billionaires and venture capitalists fund the YIMBY movement. "If we spend decades building more luxury apartments eventually rent will get lower for poor people" is literally trickle-down economics. This is the result of the policies Shane is defending:
In terms of a 25-30 year rolling exception for new development, I’ve heard that still creates major issues with financing new projects because it reduces the residual resale value of the project dramatically; do you think this has any validity?
It is a little odd that so much housing discourse assumes that city elected officials are all bad actors who need to be constrained by state law.
Great blog post, Shane!
Hard agree that you have probably convinced hundreds of rent control skeptics to support stabilization policies

'Hard rent control was a policy put in place when there was a housing shortage to ensure stability for renters. I am against it.' So you're saying there's plenty of housing supply?
Rent control, supported by the Orwellian AHF, is at best a futile effort to hold back the tide. At worst, a plan to keep rents high-no new housing.
The right way to make housing affordable is to remove restrictions on building, mostly racist-inspired single-family zoning.
Weak, dumb argument. We shouldn't repeal what is an objectively bad law because of the vague, hypothetical specter that someone will pass insane rent control laws? You're a chump if you think the same real estate lobby spending millions opposing this will allow that to happen
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