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So, I got the Voter Information Guide for the June 3 elections in California.
Reading through the Propositions, it quickly became obvious that Prop. 98 is rather misleading and deceptive.
On the surface, it seems to be about Eminent Domain. But looking closely, it turns out that its main purpose is to get rid of rent control laws.
With this proposition, rent control laws would phase out, i.e., when somebody moves out of a rent-controlled apartment, the landlord could increase the rent for the new tenant at will. It is obvious that this would lead to people being "encouraged" to move out, e.g., by the landlord neglecting repairs, pest control, etc.