California Proposition 33, a measure that allows local governments to regulate rent increases, was rejected by registered voters in the state.

The measure failed after XX percent of the ballots had a NO vote.

After Proposition 33 was rejected by voters, the Costa-Hawkins Rental Housing Act of 1995 remains in effect. The Costa-Hawkins Act does not authorize rent control for single-family homes built in 1995 or later. For example, if you own an apartment and a tenant leaves the building, you don’t have to worry about rent control: you can set a new price for that newly vacant unit. Proposition 33 would have eliminated all of that.

Had Proposition 33 passed, tenants in properties covered by expanded rent control laws would have benefited from lower rent increases or stabilized rent. This measure, now ineffective, was intended to give local governments more power to regulate rent increases, potentially keeping costs more manageable for current tenants.

PREVIOUS COVERAGE: Prop 33 and its impact on tenants, landlords

Opponents of Proposition 33 in the run-up to the November 2024 election have argued that landlords could face stricter limits on raising rent, leading to less potential income from their rental properties. With rising costs for landlords, opponents of Proposition 33 feared it would decrease the supply of housing in the market and increase rents.