Community, Diversity, Sustainability and other Overused Words
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The repeal of existing law (Costa Hawkins Act) and rent freeze effort by the Aids Foundation has been defeated twice before. Polling shows it will be defeated again. This initiative to freeze rents on vacant units is on the November '24 ballot. It is bad for RENTERS, bad for our city, bad for homeowners, bad for condo owners, bad for prospective tenants, bad for new construction, and bad for our apartment supply . Since vacancy decontrol/recontrol was fully implemented in 1999, 24 years ago,...