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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Jon Coupal is the President of the Howard Jarvis Taxpayers Association (HJTA). HJTA, with offices in both Los Angeles and Sacramento, is the largest taxpayers association in California with a membership of over 200,000. Founded by the late Howard Jarvis, the author of Proposition 13, HJTA’s name is synonymous with tax relief and the uncompromising defense of the California homeowner.