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.
hOW WILL RENT CONTROL AFFECT YOUR NEIGHBORHOOD?
we are all starting to realize rent control is not the solution.
...rent control programs lead to abuse and poor property maintenance when there is no incentive to keep them up.
- suzie price, city of long beach 3rd district councilmember -LBPOST.COM
our long beach city council members & their views on rent control
When asked if government should regulate rental rates (RENT CONTROL),
they said NO.
-LBPOST.COM
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DARYL SUPERNAW
JEANNINE PEARCE DEE ANDREWS AL AUSTIN SUZIE PRICE STACY MUNGO REX RICHARDSON ROBERT GARCIA |
DISTRICT 4
DISTRICT 2 DISTRICT 6 DISTRICT 8 DISTRICT 3 DISTRICT 5 DISTRICT 9 VICE MAYOR MAYOR |
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what our council members think the real solutions are
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adequate housing stock at different income levels al austin -lbpost.COM
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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
anticipated rent increases on the horizon...
WAIT, I THOUGHT RENT WOULD STAY THE SAME OR DECREASE UNDER RENT CONTROL.
- Based on a survey or property owners, the majority had NOT increased rents on existing tenants within the last 4 years. Under a rent control ordinance, the majority said they would be forced to maximize the allowed rent increases EACH AND EVERY YEAR due to the inflexibility of the rent control and the uncertainty of market conditions. Many owners cited the annual increases in fees such as property taxes, utilities, city fees and taxes, property insurance, maintenance costs, repairs and interest rates that vary from year to year.
2018-2021 ESTIMATED AT 5%