joining us live now is standard business reporter kevin nguyen, who wrote the article. you. >> hi, chris, and happy thanksgiving. good to see you again. >> yeah happy thanksgiving. look, i think the concept of controls on rent control confuses a lot of people. so first explain what prop 33 would have enabled. have voters passed it? >> right. and i think we have our kind of bloated election cycle to thank for that. because if viewers remember a month ago, if you watched commercials for this prop, you know, you thought a yes or no vote was for affordable housing, but essentially what prop 33 would have done was it would have repealed a 1995 law that restricts cities from putting rent control on properties built after 1990 or before 1995. sorr. >> right. so why did people reject it? what were the reasons for and against? obviously people bought into one side of the argument. >> right. well i mean when you lose, there's always going to be a bunch of reasons. but i think it boils down to a couple of things. kristen, i think number one, you have the issue of itself. i think pe