California’s Proposition 10 didn’t pass, but San Diego’s Measure G did, election results say. KPBS reports that as of early-morning Wednesday, 61.7 percent of California voters voted “No” on Proposition 10, an initiative that would have paved the way for rent control in the state, while 54.86 percent of San Diego voters voted “Yes” on Measure G, the initiative supporting the SDSU West redevelopment of SDCCU Stadium site in San Diego’s Mission Valley.
In turn, Measure E, the initiative that supported a SoccerCity redevelopment of the Mission Valley site, was defeated Tuesday 70.3 percent to 29.7 percent, KPBS reports.
Doug Bibby, CEO of the National Multifamily Housing Council (NMHC) in Washington, D.C., issued the following statement on the defeat of Proposition 10, according to a representative of NMHC:
“California voters sent a resounding message yesterday that rent control is not the answer to solving the housing-affordability crisis. Rent control exacerbates the very problem it attempts to solve — results nearly universally recognized in academic literature.
“While it is clear rent control is the wrong path, more needs to be done to alleviate housing affordability challenges across the country. Addressing this crisis will require a three-pronged approach. First, we must address the tremendous shortage of homes and remove barriers to adding more supply. Without doing so we will never meet the demand for 4.6 million new apartments by 2030. Second, local governments must take the lead and find innovative, public-private partnership opportunities to bring the price point down to create more affordable housing. Third, we must use targeted subsidies to help the neediest families today.
“Proposition 10 was an example of short-term, wrongheaded policy. However, it also highlights the very real affordability problems that families are facing. NMHC will continue to work to put forward creative, unique ideas and policies while remaining vigilant against proposals like Proposition 10 that would inhibit growth and deepen the affordability crisis.”
To learn more about rent control, click here.
Regarding Measure G’s victory, a representative The Friends of SDSU, the group behind the initiative, issued the following statement:
“With the overwhelming approval of Measure G today, San Diego State University will now have an opportunity to grow through an open and transparent process that will benefit our economy long-term. Even more importantly this vibrant campus expansion will increase access to higher education for generations of San Diegans to come. Tonight may be the end of our campaign, but the work is far from over. Now, it’s time for SDSU and the City of San Diego to work together to make this vision a reality.”