In this week’s episode, we dive into Proposition 33 together and discuss all things rent control and the California housing cost crisis! This proposition has been introduced to help curb the high cost of renting in the state, yet its opposition is arguing it will do the exact opposite. What are the true economic implications of rent control policies? We examine all the details – from the economics of supply and demand, to the true cause of high rent in the state, to commonsense responses and solutions – so that you can be informed come this November.

Website & Sources: For more information about the podcast, please visit thecaliforniaconversation.com. Check out my related article here: thecaliforniaconversation.com/articles/prop-33 for all sources related to the information cited in today’s episode.

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Chapters:

00:00:00 - 00:01:14 Introduction

00:01:15 - 00:07:50 Summary & Overview of Proposition 33

00:07:51 - 00:12:17 Proponents & Opponents of Proposition 33

00:12:18 - 00:26:19 The Economics of Rent Control

00:26:20 - 00:31:27 Common-Sense Responses & Takeaways

00:31:28 - 00:32:04 Conclusion