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Non-owners were lied to by Howard Jarvis - and when they discovered the deceit, responded by passing a number of local rent control ordinances.
As I have pointed out many times...
Both my Uncle and my grade school teacher were renters at the time and both received rent reductions when Prop 13 passed.
Both also voted for Prop 13 as they did not intend to rent forever... no idea about my teacher but my uncle bought his house a few years later when he married.
There was no lie...
Prop 13 is a few simple paragraphs that replaced volumes of tax code....
My renters benefit because many have gone years without a rent increase...
I go to market when vacant and when I have a great tenant I tell them up front they are appreciated and it is not my custom to raise rents annually... and 35 years and true to form.
Both my Uncle and my grade school teacher were renters at the time and both received rent reductions when Prop 13 passed.
Both also voted for Prop 13 as they did not intend to rent forever... no idea about my teacher but my uncle bought his house a few years later when he married.
There was no lie...
Prop 13 is a few simple paragraphs that replaced volumes of tax code....
My renters benefit because many have gone years without a rent increase...
I go to market when vacant and when I have a great tenant I tell them up front they are appreciated and it is not my custom to raise rents annually... and 35 years and true to form.
SOME renters benefitted. The reality of those rent control ordinances demonstrates that many renters did not. The so-called weekend or mom-and-pop landlord is being overtaken by professional landlords and property managers seeking to maximize cash flow. You are becoming an anachronism.
New in town? Get by until...? Sure.
But for how many weeks do you psych yourself out into accepting such
an insane amount before getting into a sensible budgeting situation?
Or are you bragging on enduring it?
I've gotten the best deals I could - often I've paid rents below the prevailing market rate; I have pounded the pavement and put in disproportionate effort in my searches for housing I can afford. The market doesn't care about my budgetary limitations.
Reports about what?
Prop 13 was great.
I have a house that I paid 32,000 for in 1975.
I paid about $1100 in property taxes the first year.
The next year a neighbor with a house that was almost twice as big sold his house for 52,000.
At the end of the year I got a new appraisal and a new tax bill of almost $1600
By 1978 when prop 13 passed my house was taxed at $3300.
It was ridiculous. If it wasent for prop 13 I would have lost the house along with many others I knew.
I still have that same house.
They found a way around prop 13 called voted indebtness.
If Prop 13 was great, why were a number of local rent control ordinances enacted in the years immediately following the adoption of Prop 13?
As you have pointed out the reality of rent control is it was only found in a few areas...
Berkeley Beverly Hills East Palo Alto Hayward Los Angeles Los Gatos Oakland Palm Springs San Francisco San Jose Santa Monica West Hollywood Other than rent control Campbell Fremont Gardena Glendale Pasadena San Diego San Leandro
That's a good chunk of population there. It takes a supermajority of renters to pass rent control because homeowners have a much higher voter turnout rate.
La, San Diego, Oakland, Berkeley, sf, San Jose, and others on that list make up almost half the population of the entire state.
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