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By Ron Bassillian With less than a month to the election, Prop. 10, the “California Local Rent Control Initiative,” is waking up as the sleeper issue of the state. Prop. 10 is a repeal of the 1995 Costa-Hawkins Rental Housing Act, which protects home and property owners from overarching rent-control laws. The existing Costa-Hawkins law has three main protections: it exempts single family homes, duplexes and condominiums from rent control; it grants the right to raise rents on vacant units to market rates, and it exempts any building ere...
