[SmithL]

Property Rights in California?

Don't be silly!

[bill1952]

>thousands could be evicted or priced out of their apartments if the law passes.

damn free market trying to poke it’s head up out of the socialist hole that we dug for it.

Bad free market! Bad!

[Arguendo]

Hundreds are expected to descend on San Francisco's Civic Center Plaza today to protest a June ballot measure that would end rent control across the state and, many argue, would push thousands of people from their homes through evictions or rising prices.

...

The change wouldn't affect existing leases, but once renters move out, property owners in cities with rent control laws, such as Berkeley, Oakland and San Francisco, no longer would have to limit price increases on those units.

Never let reading comprehension get in the way of a good protest.

[LetsRok]

Dead-beat minimum-wage liberal artsy-fartsy types will now have to compete for property in more desirable locations with higher earning professionals that can actually afford the better views.

[oldbrowser]

Rent control discourages creations of new units by maintaining artificially low rents. Both of these results are liberal goals and it is no accident that rent control is a common in the San Francisco area. That is where the liberals are concentrated. I will therefore support prop. 98.

[sharkhawk]

I wonder if they also cap property tax increases on rental properties?

[carcar]

First of all, these are not their homes. These renters have no equity, no risk, no property taxes, no insurance, and do not have to pay for maintenance or repairs. They are tenants, living there. They have a right to the space they rent and to establish a home inside. If costs go up, then so should the rent. This is not a communist country for crying out loud. EVERYTHING goes up in cost. Live with it—the rest of us have to.

[calcowgirl]

Opponents say it would do far more: define "private" and "take" in terms so broad as to effectively overturn the state's approach to managing development and affordability.

Uh oh--they ticked off the Central Planners.

How nice that they think they can "manage affordability."