Long Beach City Council Passed RENT CONTROL April 2 Behind Doors

Long Beach City Council Passed RENT CONTROL April 2 Behind Doors

Fresno, CA · Member since 2015 · 552 posts · 181 votes

There are tenant rights groups starting in Long Beach and then spreading RENT CONTROL gardena huntington, santa ana, seal beach, fountain valley etc. They want to bring more govenrment red tape on how housing providers and investors do business and want to create a tenant welfare system charging huge fees and price caps on rents.

If you're landlord or investor in Lon Beach please call the city council and get the word out.... the city council did a vote under the radar and behind closed doors. They passed Tenant Relocation Fees of $4400-$6500 capping rent raise at 9.9% so if you have an old unit that's getting only $700 you will only be able to raise it $63 even if you had to do a $20,000 upgrade you are capped. Or you'll have to give the tenant $6500 cash.

So it's rent control but the city council is calling it other names like tenant relocation assistance and tenant protection.

The Tenant groups are claiming that this is just the 'foot in the door' for full blown rent control on houses apartments and condos. The tenant groups like the Democratic Socialists and Tenant Union groups are trying to come after your retirement and investments!

So this just in LONG BEACH CITY is trying to pass a

sugar coated RENT CONTROL where landlords are capped at 9.9% rent increases OR they have to pay $4500-$6500 in Tenant welfare.

They tried to do this under the radar and just pass rent

Call city council

Please immediately call and email Mayor Garcia and all council members and tell them to oppose all forms of rentcontrol aka “tenant protections” and please ask them to stop the attack on small housing providers and renters in Long Beach.

MAYOR ROBERT GARCIA
333 West Ocean Blvd, 14th Floor
Long Beach, California 90802

1st District-CouncilwomanLena Gonzalez
Emai SEE LONG BEACH . GOV website
5th District-CouncilwomanStacey mongo
Phone:
6th District-CouncilmanDee Andrews
Email:
7th District-CouncilmanRoberto Uranga
Email:
8th District-CouncilmanAl Austin
Email:
9th District-CouncilmanRex Richardson
Email: SEE ONLINE BP won't let me post contacts

Crazy they want to charge landlords during tenant move outs $4500-$6500 and are capping rent raises at 9.9%

There are no city protections for small landlords or housing providers. The ones who pay property taxes and hire local workers and stimulate the local economy.

Tand the South Bay that don't make it difficult to provide housing.

This sort of tenant relocation out of the pockets of small business owners (housing providers) will affect the entire market and Long Beach economy... mainly negatively.

https://www.lbbusinessjournal.com/

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  • Investor · Phoenix, AZ · Member since 2017 · 583 posts · 919 votes
    7y

    Just another reason so many Californians invest in Phoenix, right @Ben Leybovich?

  • Fresno, CA · Member since 2015 · 552 posts · 181 votes
    7y

    Well yeah some could say that but there's opportunities still sometimes rent control makes housing more expensive so it depends it just makes things harder for you to do work and takes the control from home owners and puts it into the local city council

  • Fresno, CA · Member since 2015 · 552 posts · 181 votes
    7y

    Rent control also sometimes helps developers because the % go up on ROI since it's harder for business so the city council woman Lena Gonzales is married to a big developer and he is benefiting from her rent controls which negatively impact small investors

    lena gonzalez is running for state senator as well so this will get her some votes in the short term

    Rent Control is all about votes then the city gets screwed especially home owners and neighborhoods get blight

  • Fresno, CA · Member since 2015 · 552 posts · 181 votes
    7y

    Rex Richardson passed this rent regulation Rent Control

    Rex Richardson quoted as saying "The government should only regulate [rent] rates when it owns or subsidizes the property." Rex Richardson

    Rex Richardson the one who pushed this bill which regulates rent increases above 10% to allow tenant to get paid $4500-$6500 from the landlord.

    We don’t believe that rent control works, or is the right solution. Just look at rent controlled cities like San Francisco, the most expensive market in the country.

    -MAYOR ROBERT GARCIA, JANUARY 2018

    http://www.longbeach.gov/officials/phone-numbers/

    Contact the city council and ask why they changed their minds without having it go to a public vote.

    The city council tried to sugar coat it so they could get more short term votes knowing it's bad for the local economy and bad for communities in the long run.

  • Software Developer · Vidor, TX · Member since 2015 · 922 posts · 639 votes
    7y

    Give proper notice and go up <= 10% every year (if it's inline with the market).

    As long as you give them 90 day notice that you're A) kicking them out or B) raising their rents you're good, right?  No relocation handout is due.

  • Fresno, CA · Member since 2015 · 552 posts · 181 votes
    7y
    Originally posted by @Justin Fox:

    Give proper notice and go up <= 10% every year (if it's inline with the market).

    As long as you give them 90 day notice that you're A) kicking them out or B) raising their rents you're good, right?  No relocation handout is due.

    Sounds simple right?

    Wrong they have you register things with city and go on lists.  There's red tape

    It's more about the issues with it 

    Also the 90 day notice you have to give and also give the $4k payout if you ask the tenant to leave.

    These little red tape things snowball into making it apain in the butt to do business in a city so many just say froget it and don't fix up their properties.  So then you see all this run down houses and apartments trashed on every block.  That's how rent control really works

    https://caanet.org/local/long-beach/

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