Message from CEO Robert Pinnegar, CAE
Yesterday, Americans engaged in one of our most important responsibilities as citizens: Voting. The results nationwide mean many new feet will tread the halls of the U.S. Capitol in January. Now we move forward confident of the path that lies before us in the 116th Congress.
You may have been following the high-profile campaigns regarding the ballot measure that sought to repeal the Costa-Hawkins Rental Housing Act in California and may know by now that Proposition 10 has failed by a margin of 62 percent to 38 percent. But that only tells part of the story.
As the affordability crisis continues, aggressive pushes toward destructive policies such as rent control will continue. NAA is expecting and prepared for that certainty. On the rent control front, we have spent 2018 developing a range of resources for members and affiliates who may see campaigns like this in their own jurisdictions. These resources include a rent control strategy guide, fact sheets, talking points for multiple perspectives, and a webinar for our affiliate leadership which will be forthcoming in the wake of the election to explain best practices and industry strategies. We are here to support and assist you however we can on this issue and many others that we are constantly monitoring.
I want to sincerely thank all of you who contributed to helping the No on Prop 10 campaigns. I can say with no uncertainty that the industry left everything on the field yesterday. Our affiliates, members and allies in California assembled a strong, diverse, and united front to show the citizens of the state the dangerous consequences of embracing an economically unsound policy like rent control. They could not have accomplished that without your support.
Now that we turn to the future, I want to again reiterate that NAA is here as a resource for you in your states and localities, as well as in Washington. Please don’t ever hesitate to reach out to us if we can be of assistance on any issues, and thank you for all that you’re doing to protect our industry.