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Editorial: Newsom’s embrace of rent control is no solution to state’s housing crisis

On Wednesday, he announced his support for Assembly Bill 1482 by Assemblyman David Chiu, D-San Francisco, which with some big exceptions would limit annual rent increases statewide to 7% plus inflation for the next three years. Newsom wants Chiu to be even stricter in limiting rate hikes.

This is maddening. READ MORE

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