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Business

California Tenants Take Rent Control Fight to the Ballot Box

A street in Oakland, Calif., where private equity firms have been buying up single-family homes and turning them into rentals, Oct. 3, 2018. In the midst of a dire affordable housing crisis, heavy sums are being spent on Proposition 10, alternately seen as a much-needed tool to help cities, or a radically misguided idea that will only worsen matters. (Brian L. Frank/The New York Times)