Prop. 33: Is Rent Control the Solution to the California Housing Crisis?

The California housing market is one of the most expensive in the country; but it’s not just homebuyers who are feeling its financial effects, the rental market is priced just as high. Proposition 33 seeks to expand local governments’ abilities to enact rent control, in the hopes of lowering the price of rent for millions across the state. But is rent control the best solution to this problem?