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Alcala, Abigail <br />From: Aaron Peluso < <br />Sent: Tuesday, October 3, 2023 10:47 AM <br />To: eComment <br />Subject: Support of No Action on Agenda Item 16 <br />To Whom It May Concern, <br />I am writing in support of Option 1, no action on Agenda Item 16. <br />The city has failed to prove a need for rent control along with its original implementation. Certain provisions of <br />the ordinance are onerous and unfounded. Landlords that were charging their long term Tenants well below <br />market rent are now locked in at those low rates while Landlords charging market rates are locked in at higher <br />rates. This punishes exactly the wrong Landlords. <br />Option 2 shouldnt be necessary unless the original implementation of Rent Control was fraudulent in some <br />way? If it were fraudulent and then re -affirmed now, then would the city not owe lost rent to all the Landlords <br />in the city over the last two years? <br />Options 3, 4, and 5 seem to be aimed at subverting long held democratic traditions such as rule by majority <br />vote. Those options don't even seem legal. <br />Why the council is trying so hard to break the housing market in Santa Ana is a mystery to me. Economists are <br />united in the belief that rent control does not work. <br />Please educate yourselves. <br />https://www.econlib.or /lg ibrary/Enc/RentControl.html <br />Sincerely, <br />Aaron Peluso <br />CCH Management LLC I Manager <br /> <br /> <br /> <br />