In 2022, two dueling sports betting propositions dominated fundraising for California’s ballot measures.
This year, it’s two propositions related to local rent control.
Of the more than $350 million raised so far by the campaigns supporting and opposing the 10 measures on the November ballot, more than half is going to Proposition 33, which would give cities more power to impose rent limits, and Prop. 34, which targets a nonprofit that is sponsoring Prop. 33 and has put previous rent control measures on the ballot.
But this year’s total is roughly only half of the nearly $700 million that was spent on ballot measures in 2022, including more than $571 million for and against the two competing sports gambling propositions by tribes and online gambling companies. Voters rejected both Prop. 26 and Prop. 27, overwhelmingly.
Several other potential measures that could have generated a lot of spending — including an oil industry-environmental war over oil drilling and a business-labor battle over employer liability — were negotiated off the ballot in June. And the state Supreme Court kicked off the ballot what would have been an expensive contest on a sweeping tax measure.
Rent control fight has raised millions of dollars since August
More than $100 million has been invested in Prop. 33, the most of any of the ten statewide ballot measures, out of a total $350 million that has been contributed to proposition campaigns.
As Election Day on Nov. 5 nears, the money is flowing even faster. According to a CalMatters analysis, between Oct. 21 and Friday (the last day for which there is data), more than $21 million was contributed to the campaigns contesting the 10 statewide measures. Most was contributed by the California Apartment Association, which invested $11 million in opposing Prop. 33 and $3.1 million to support the Prop. 34 campaign. That brings the association’s total to at least $131 million this election cycle.
On the other side, the AIDS Healthcare Foundation contributed more than $24 million since the start of October in support of Prop. 33 and against Prop. 34, though just $560 in the last week. The foundation’s donations total nearly $65 million this election.
In fact, the Apartment Association and Healthcare Foundation are the two largest single contributors to proposition campaigns this election, accounting for more than half of all contributions related to ballot measures. The third largest contributor is the California Association of Realtors, which gave a relatively paltry $19 million to fight Prop. 33.
In the most recent polling, Prop. 33 has the support of only 42% of likely voters, with 54% opposed, while Prop. 34 has 47% support, with 49% opposed.
Notes: The analysis includes contributions made through Oct. 25 and reported by Oct. 28; some contributions went to campaign committees involved in more than one proposition.
This article was originally published by CalMatters.
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I’m just thinking. If it’s good enough for employees… could be used for student housing.
It’s an upscale homeless shelter. It has windows, though not in the pods themselves of course.
Put one in a vacant big storefront in Paseo Nuevo? What do y’all think?
https://www.theguardian.com/society/2024/oct/31/san-francisco-sleeping-pods-affordable-housing-crisis
Wrong perception! I worked mostly 2 to 3 jobs all my life. I have 1 rental and live with 2 renters in my own home. People stay in touch with me and tell me how nice and fair I have always treated them and that it was a pleasure to rent from me. I have some even in writing.
Here is the deal people. Anything breaks, it takes months to recover. Why? Skyhigh property taxes, sky high insurances, sky high material and repair costs and in many unfortunate cases HOA fees , further dictating everything including your front door colors and decor.I almost never go out to eat, don’t go on vacations, stopped driving a car, am liberal and also want my renters to pay a fair price. There is however a line as to what that is. If I had a renter who stayed for many years and I had a rent cap, I would have to raise rents by as much as possible from the get go to be able to hopefully see this through. Not ever landlord is rich. Prop 33 would do away with single and small unit landlords aka the middle class and all of us who remain and try to cling on it. I cannot afford to be a landlord if Prop 33 wins, many feel the same. Do you all want corporations running your lives ? Corps who will slam you with fees and fines and stretch them to the legal boundaries thanks to excessive legal teams to back them up. That is not the CA I want to live in and that would change the Santa Barbara scene for the worse by a lot!
Please do not vote for Prop 33 or there will be price hikes again!