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“It’s like the saying from the movie Poltergeist, ‘They’re back,’” said Erik Bruvold of the San Diego North Economic Development Council at a recent CREW San Diego event earlier this month. He was referring to a Los Angeles-based group of activists— including Michael Weinstein and his AIDS Healthcare Foundation—that has pushed forward several statewide rent control ballot measures in the last few years.

The latest, on the ballot this November, is Prop 21. The initiative would give local governments the power to place rent control restrictions on housing that was first occupied 15 years ago. Like previous rent control initiatives, the industry is fighting hard against it. “This is an attack by a Los Angeles group to overturn existing law that restricts rent control by local government,” said Bruvold at the event. “The law would be taken off the books so rent control could be applied. Be careful what you wish for.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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