Correspondence - #07 - Laserfiche WebLink

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themselves up and into even smaller units elsewhere. Parking is an issue without rent control in Santa Ana. I conjecture that parking issues will remain unaffected by rent control's implementation. If our culture didn't equate access to economic opportunity with individual access to a car, maybe parking wouldn't be an issue. Also, people will do their laundry at the laundromats as they always have... Rent stabilization will ensure the ability of already cramped households to put more money towards eventually being able to move elsewhere thus reducing the density within a cramped unit. This however assumes that there are units to move to and in highly desirable California and OC, an increase in the supply of housing units - rental and owned - is desperately needed. Rent control alone has never been a mechanism to increase the supply of units; it does not conflict or inhibit efforts to increase the local supply. An increase of supply is dependent upon capital. Tenants being able to save up more capital may result in tenants becoming landowners and developers on their own. Currently, it seems that such a privilege is reserved for those who have had it for a long time and don't want to share with tenants. "rent control does not allow owners to recoup their costs" The rent stabilization ordinance makes explicitly clear that if an increase above the max is necessary for capital expenses, landlords can petition for such. Any profitability outside of that is still left to the individual landlord or investor - vacant units can be rented out at market rates to new tenants and equity gains from the sale of any property still go to the landlord. "older buildings require more maintenance" not necessarily true. But even if/when true, where any unit needs to increase rents above the max, the individual landlord just needs to provide proof that the increase above the max will actually go toward improvements or maintenance. "Rent control impedes the natural progression of apartment living... families will hold on to rent controlled apartments that don't meet their needs anymore because of affordability, making \[those units\] inaccessible to people who really need them" This can also be entirely true without rent control - contracts between tenants and landlords keeping a tenant in a unit that might be better served for a different type of tenant exists without rent control. That unit is now unavailable to people who really need them even without rent control. But I see the argument here and will entertain it: so what? If a family wants to hold onto renting a unit that no longer fits their needs, they deserve to be able to remain in the place where they raised their families. As long as they continue to pay the agreed upon rent, why the desire to displace community members? Once the unit becomes vacant, it can be brought up to market rate for new tenants, but I don't foresee landlords trying to rent out the newly vacated unit at the previous rate to new tenants on their own... "It will exacerbate the housing shortage" The housing shortage in California, especially in highly desirable Orange County and Santa Ana specifically will remain forever a part of our lives until there is a sufficient increase in the supply of housing units here. The housing shortage won't become any more or less worse because of the ordinances to become effective in Santa Ana. 2