Will California cap rent increases? With Asm. David Chiu




Gimme Shelter: The California Housing Crisis Podcast show

Summary: Late last week, Democratic leaders including Gov. Gavin Newsom announced they had reached a deal on a bill that would limit how much a California landlord can raise the rent. In this episode of Gimme Shelter, Matt and Liam discuss the shifting politics and policy of Assembly Bill 1482, and its prospects for becoming law. First, Matt brings his own Avocado of the Fortnight, involving the 37% of young adult Californians who live with their parents (3:10). Then a discussion of why landlords and developers don't oppose the rent cap bill, why realtors do, and what the bill will actually mean for California renters (11:20). Finally, an interview with Asm. David Chiu, Democrat from San Francisco and author of the rent cap bill(30:30).