Does anyone know what is going on with statewide rent control in California. I just heard something about if it's passed rents will be scaled back to what they were of March 2019. I just raised the rents, so I really don't now want to lower them. Sometimes I hear 2 or less units someone rents out will be exempt, then I hear if someone has 10 or less single family houses they will be exempt. I have a duplex & that's it, will I be exempt? It's not a newer one.
There is a bill being put together regarding rent control in California. Nothing has happened yet. I also read that one of the likely clauses will be that landlords with 2 or fewer rentals would be exempt. But, again, nothing has been changed at the moment. It will likely be on a future ballot.