California Governor, Legislative Leaders Reach Deal to Limit Rent Increases


“That’s why we are pleased to announce we have come to an agreement on a series of amendments to AB 1482 that would create strong renter protections. The bill will protect millions of renters from rent-gouging and evictions and build on the Legislature’s work this year to address our broader housing crisis.”

California Realtors Association opposes AB 1482

AB 1482 still needs the approval of the California Legislature. Some observers suggested that the legislation could face hurdle since the California Association of Realtors (CAR), which has a strong influence on the Capitol, opposes it.

In a statement, the association said it has been working with the bill’s proponents for several months with a common purpose — to achieve a balance promoting tenant protections and private property ownership. California tenants and property owners deserve nothing less. Because our consensus language was not included, we will be opposing AB 1482.”

Additionally, CAR cited that last year, “voters in 56 of California’s 58 counties rejected a statewide ballot measure that would have dramatically expanded rent control without respecting property rights.” Both voters and realtors want a balanced solution on the issue.