their homes.
>> david chiu was the sponsor of
the new bill.
>> we exempt any building that
is 15 years of younger.
exempt out many single family
homes, unless they're owned by
corporations as well as owner
cupied duplexes.
>> i think that it is a failure
on an economic basis.
>> reporter: hormit dillon
believes the new bill will cause
rent increases.
>> currently landlords who might
have been doing 1% to 2%
increases will be incentivized
to do the maximum rent
increases.
>> bill would go into effect
january 1st of next year.
>>> the bay area's housing
crisis affects all of us.
that's why we dedicated a week
to covering the topic from
issues for raernenters to
homeowners.
>>> day six of the runway