OPINION: Reckless bill to repeal limits on rent-control will make housing crisis worse: Susan Shelley
A recent proposal by a Santa Monica Assemblymember to repeal limits on rent control could worsen the very problem it seeks to address, writes Susan Shelley in the Los Angeles Daily News. If approved, the bill could wipe out landlords’ investments and discourage new investments in rental property. Independent experts say increasing the number of homes built – not rental control – is the key to reducing high housing costs.
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