Proposed ballot measure ends rent control in Calif., creates huge incentive to harrass tenants into leaving.

[Guest guest]

http://ag.ca.gov/cms_pdfs/initiatives/2007-05-03_07-0015_Initiative.pdf

Basically, it would create a huge financial incentive for landlords to

get tenants out, as then rent control on that apartment would end, for

good.

In some cities, this would mean that 70% or more of the current

population would have to leave as they could not afford market rate.

Businesses would lose workers or have to dramatically raise salaries

as they would not be able to afford to remain where their jobs were.

Once existing rent-controlled tenants were evicted or forced to move

elsewhere for repairs and they found another non-temporary home their

affordable rent in the original apartment would cease permanently.

There would no longer be rent controlled apartments anywhere else in

the state for those newly homeless tenants to move into.

[Guest guest]

The gap is widening between the have's and have not's! Also to add to

what you said those same newly homeless and those who are now

considered " middle class " won't be able to qualify for any home loans

because now mortgage companies sra asking that you have 700+ credit

and have 10-20% as a down payment plus you have to make almost

$10,000 per month just to qualify. In other words unless your Oprah

you won't be able to buy a home either.

There's about to be an upsurge of homeless people in the near future.

Dana

--- In , LiveSimply <quackadillian@...>

wrote:

>

> http://ag.ca.gov/cms_pdfs/initiatives/2007-05-03_07-

0015_Initiative.pdf

>

> Basically, it would create a huge financial incentive for landlords

to

> get tenants out, as then rent control on that apartment would end,

for

> good.

>

> In some cities, this would mean that 70% or more of the current

> population would have to leave as they could not afford market rate.

> Businesses would lose workers or have to dramatically raise salaries

> as they would not be able to afford to remain where their jobs were.

>

> Once existing rent-controlled tenants were evicted or forced to move

> elsewhere for repairs and they found another non-temporary home

their

> affordable rent in the original apartment would cease permanently.

>

> There would no longer be rent controlled apartments anywhere else in

> the state for those newly homeless tenants to move into.

>

[Guest guest]

Its NOT A DONE DEAL.. people have to fight back against these ballot

measures..

But outside of the cities where these rent STABILIZATION ordinances are

really needed, there isn't

much understanding or sympathy for them.. People don't understand that they

are a lifeline for people who can't

afford $400,000 studio apartments..

They don't fix rents - they peg them to the Consumer Price Index for

housing..

preventing rent increases that can be more than 10% a year elsewhere..

On 9/4/07, gsgrl2000 <gsgrl2000@...> wrote:

>

> The gap is widening between the have's and have not's! Also to add to

> what you said those same newly homeless and those who are now

> considered " middle class " won't be able to qualify for any home loans

> because now mortgage companies sra asking that you have 700+ credit

> and have 10-20% as a down payment plus you have to make almost

> $10,000 per month just to qualify. In other words unless your Oprah

> you won't be able to buy a home either.

>

>

[Guest guest]

Another reason a lot of urban people can't just leave for the

suburbs.. or in the case of California, the inland empire or Central

Valley, is because many city people don't have cars and don't drive.

Many older people in cities dont drive and can't afford a car on fixed

incomes. Where are they supposed to go when they are evicted because

they can't pay the going rate?