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Industry spends big to defeat Bay Area rent control measures

November 17 2016
November 17 2016

Richmond has emerged as a key battleground for those on both sides of the rent control debate, as the fate of the city’s Measure L—and other Bay Area ballot measures like it—could set the tone for future legislation in cities across the state.

So far, the real estate industry has spent about $188,000 in opposition to Richmond’s Measure L—over triple the amount spent in support of the measure.

“We work vigorously to stop it wherever it’s proposed,” said Mike Nemeth, a spokesperson for the California Apartment Association (CAA), a housing industry trade group that has spent more than a million dollars fighting the Bay Area’s six rent control initiatives this election season. “Our spending reflects the level of our concern.”


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