National Multifamily Housing Council Statement on Failure of California Rent Control Ballot Measure

Statement on Failure of Proposition 21

Washington, D.C. – Statement from the National Multifamily Housing Council on the failure of California’s Proposition 21: 

For the second time in as many election cycles, the people of California have spoken loud and clear and defeated short-sighted rent control ballot measures. Proposition 21’s rejection is a victory for hardworking Californians who deserve real housing solutions that increase supply and bring costs down and a signal that voters recognize that rent control is not a sound solution for housing affordability. These challenges will only be solved by collaboration, not by politically-charged statewide ballot initiatives. Lawmakers, community leaders, and the housing industry need to work together to make housing affordability a genuine priority, especially at a time when a home is our safe haven.

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Based in Washington, D.C., the National Multifamily Housing Council (NMHC) is the leadership of the trillion-dollar apartment industry. We bring together the prominent apartment owners, managers and developers who help create thriving communities by providing apartment homes for 40 million Americans. NMHC provides a forum for insight, advocacy and action that enables both members and the communities they help build to thrive. For more information, contact NMHC at 202/974-2300, e-mail the Council at info@nmhc.org, or visit NMHC’s website at www.nmhc.org.