California voters on Tuesday rejected a hotly-contested ballot measure that would have greatly expanded rent control. Final tallies for two other ballot initiatives were not in as of Wednesday morning, but voters appear to have rejected a commercial property tax measure but approved a residential property value reassessment measure, according to state election results. The three real estate-related measures — Proposition 15, 19 and 21 — had the potential to upend the real estate industry
source https://therealdeal.com/2020/11/04/california-voters-reject-prop-21-rent-control-expansion/
No comments:
Post a Comment