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News and deals in the multifamily asset class.

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The voters of California are set to vote for a new nightmare called statewide rent control, when they go to the ballot box on Election Day on November 6, 2018. On the ballot in California will be Proposition 10, “Local Rent Control Initiative.” If approved, Proposition 10 will allow local governments to adopt any type of rent control system, repealing the Costa-Hawkins Rental Housing Act (CHRHA) of 1995.

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