Decorative imageJUNE 2024

Join us in opposing proposition 33

Join us in opposing proposition 33

We urgently need your support to fight against the "Justice for Renters Act," now known as Proposition 33. Despite nearly 60% of California voters rejecting similar measures in 2018 (Prop. 10) and 2020 (Prop. 21), these harmful initiatives are back.

What Does Proposition 33 Mean for You?

  • Imposes Rent Control: Regulations and price controls on single-family homes, condos, and new constructions.
  • Reduces Housing Supply: Discourages new construction and forces many out of the rental business.
  • Worsens the Housing Crisis: Exacerbates existing issues, increasing costs and reducing availability.
  • Increases Local Government Costs: Adds millions in new administrative and enforcement expenses for local governments.

Critical Reasons to Act

Proposition 33, driven by the same groups behind previous failed attempts, poses an even greater threat:

  • Empowers Bureaucrats: Gives unelected officials the authority to impose fees on rental housing without voter approval.
  • Harms Small Property Owners: Decreases property values and affects income and retirement savings.
  • Exacerbates Housing Problems: Discourages new construction, reduces rental availability, and increases housing costs.

Consider this scenario: Imagine Tenant "A" has been living in your 2-bedroom, rent-controlled apartment in Los Angeles for the past 10 years, paying $1,950 per month. Now, Tenant "A" moves out, and the market rate for a similar apartment in the area is around $2,700 per month. You rent the unit to Tenant "B." Here's how "Vacancy De-Control" versus "Vacancy Control" would affect your rental income for this 2-bedroom apartment over the next 5 years.

CALCULATE YOUR POTENTIAL INCOME LOSS HERE

We cannot allow Proposition 33 to pass and further harm California's housing market. Every contribution to our opposition campaign counts.

TAKE ACTION NOW!

Contribute online at: AAGLA Contribution Link

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Your support is vital in providing the resources needed to defeat this harmful initiative.
Let's unite to protect our rights and the future of California's rental market.

Alert Your Fellow Property Owners đź’ˇ