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Correspondence - #33
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Correspondence - #33
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9/22/2021 4:52:11 PM
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9/20/2021 10:11:48 AM
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Orozco, Norma <br />From: Lopez, Jessie <br />Sent: Monday, September 20, 2021 10:41 PM <br />To: eComment <br />Subject: FW: Rental housing legislation <br />-----Original Message ----- <br />From: Olaf Kreutz <okreutz@sbcgloba1.net> <br />Sent: Saturday, September 18, 2021 11:22 PM <br />To: Lopez, Jessie <JessieLopez@santa-ana.org> <br />Subject: Rental housing legislation <br />My name is Olaf Kreutz and I own two small buildings in the city of Santa Ana, so I am not a major housing provider, but <br />I AM like so many other owners struggling to do business in Santa Ana under increasing regulation. <br />When the state of California passed rent control legislation, I had to explain to my tenants that I would now have to <br />increase their rent annually, because the rent control provision would not give me the opportunity to defer rent <br />increases. <br />In a similar vein, the proposed legislation in Santa Ana would make it virtually impossible to do business as a rental <br />housing owner in the city. The result will be the withdrawal of units from the market, pushing rents even higher. The <br />solution is obviously increasing the availability of rental units and encouraging the construction of additional units that <br />can be rented at reasonable prices, not restrictions on existing units. <br />Please vote NO on additional rental legislation. <br />Best Regards, <br />Olaf Kreutz <br />569-287-6797 <br />11 <br />
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