By almost every measure, San Francisco’s economy boomed during Mayor Ed Lee’s six-year tenure, adding jobs, companies, housing and office space. Of course, that also exacerbated the city’s well-known issues: income disparity, congestion and transportation, and lack of affordable housing.
Landlords love the Costa-Hawkins Act, a bane to tenants’ rights advocates
A new bill authored by San Francisco Assemblyman David Chiu would do away with the 22-year-old Costa-Hawkins Act, the law that exempts new construction from rent control and generates ire with tenants’ rights activists.
Introduced by Chiu and two other California lawmakers in February, AB 1506 is only two lines long in its present form, which read:
The Costa-Hawkins Rental Housing Act prescribes statewide limits on the application of local rent control with regard to certain properties.