Rent Control: Glendale, Pasadena, San Mateo, Santa Ana, Alhambra
https://caanet.org/glendale-tenant-activists-launc...
There's tons of Tenant unions
It's important to get the word out to SINGLE FAMILY Home owners too
Rent control usually leads to lower Single family house values especially if the houses are located near rent controlled housing. It's like subsidized wellfare housing. you don't want to be close by as good tenants usually leave and the 'bad' tenants you know the ones who are loud, pack rats, or criminal types stay. Also Julia they are trying to change rent control to affect single family homes. It's sad because if you do an ounce of research you can immediately see that Rent control does more harm to communities than good.
Instead of new quality affordable housing that is newer and nicer buildings, we get slums, with landlords having no incentive to keep up the property but just get minimal rent and have trash filled, broken windows, bad tenants, druggies etc who just pay the minimal amount of rent. This trickles into houses and condo prices leading to ugly neighborhoods.
Rent control usually leads to lower Single family house values especially if the houses are located near rent controlled housing. It's like subsidized wellfare housing. you don't want to be close by as good tenants usually leave and the 'bad' tenants you know the ones who are loud, pack rats, or criminal types stay. Also Julia they are trying to change rent control to affect single family homes. It's sad because if you do an ounce of research you can immediately see that Rent control does more harm to communities than good.
Instead of new quality affordable housing that is newer and nicer buildings, we get slums, with landlords having no incentive to keep up the property but just get minimal rent and have trash filled, broken windows, bad tenants, druggies etc who just pay the minimal amount of rent. This trickles into houses and condo prices leading to ugly neighborhoods.
Share the below studies and articles with your local leaders, city council, California state reps etc. I've compiled this list straight off bigger pockets postings!
https://www.buildium.com/blog/ab-1506-threatens-re...
https://www.bloomberg.com/view/articles/2018-01-18/yup-rent-control-does-more-harm-than-good
https://web.stanford.edu/~diamondr/DMQ.pdf
standford study recent showing rent controls do not work for economy nor do they help who they're inteded to
https://mises.org/library/unintended-consequences-rent-control
Rent control is as ad as bombing neighborhoods
https://mises.org/wire/rent-control-makes-good-politics-and-bad-economics
Good politics bad economics
NYTimes
http://www.nytimes.com/1989/05/30/opinion/how-rent-control-hurts-the-poor.html