I just don’t see how this would solve the unaffordable housing issue. All I see is landlords jacking up rent more regularly so they make sure to keep as close to current market rates as possible. Maybe some people will motivate and sell.
Or exchange and convert to a primary/vacation home.
I wonder what the extra eviction rights for the tenant consists of.
I do think rent control would be adopted by certain places more readily than others. San Francisco, Los Angeles, Santa Clara, San Jose comes to mind as places they would adopt this immediately….San Diego, Irvine, most of Riverside…not so much….
