Rent control polls well among Californians, but statewide and local initiatives were no match for an avalanche of real estate industry cash.
“Plain folks” in ads warn against rent control – but a corporate-funded campaign by the real estate industry raises pay-to-play questions.
Despite California’s epic affordable housing crisis, many state legislators from the dominant party are beholden to real estate interests.
A November initiative is the latest battle in a long war that has driven housing costs in the Golden State exorbitantly high.