I can't imagine how it's not ok per my minimal understanding of the US constitution. I also don't know California's constitution, which might be more relevant, but measures like this don't seem far from others in California and other states.
If it's against either constitution, it'll be a lawsuit. Nobody has posted anything on that yet...the silence is deafening on that.
I'm against measures like this in general. When it's expensive to operate an apartment building, or rents are restricted, fewer will get built and rents tend to rise faster. In this case, it seems to not apply very often and might have a moderate affect.
If inflation gets high again, that'll be another story.
__________________
"Alot" has never been a word.
|