SLO City Council votes to immediately prohibit large rent increase

November 27, 2019

By CCT STAFF

As landlords, including San Luis Obispo City’s housing agency, began spiking rents in advance of a new state law that limits the amount rent can be raised each year, the council held a special meeting to pass an urgency rental ordinance.

In an attempt to protect renters against large increases in rent, on Oct. 8, Gov. Gavin Newsom signed AB 1482, which placed a rental increase cap at 5 percent plus the rate of inflation, for a maximum of 10 percent per year. The cap, however, does not go into effect until Jan. 2020.

In front of the impending restrictions, some landlords sent notices of large rent increases to tenants. The Housing Authority of SLO, with a mission of providing affordable housing, raised some rents 300 percent.

In response to public outrage, on Tuesday, the council voted 4-0 to pass an urgency ordinance, which began immediately. The new regulation mirrors the state’s incoming rental increase restrictions.


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Boldguy

Rent control has always been a feel good idea, it’s always been a bad idea:(

If you look at anywhere that it’s been implemented, rental affordability and especially rental stock have gone the other way, except for the short term windfall of the existing tenants that it helps for the short term:(

This is the price that renters pay for the housing decisions made in the past, anyone with a brain knew that this would be the outcome, now they’re trying to legislate away the problems that are caused by their own chosen policy’s!

No or limited growth agendas of the past have consequences, of course rampant growth has consequences too, SLO City chose this path instead of a more moderate middle ground!!!


Pete

On the face of it I agree with the Council though I have opposed most of its decisions. I was always under the impression we already had a 10% max on rent increases but no matter, barring unforeseen expenses and necessary improvements it seems the reported increases we are hearing about are just greed and will further exasperate the housing crisis.


Mjd

Under SLO Mayor ‘Hanoi Heidi’ Harmon, this once-proud city has become a socialists paradise, and they just made the housing problem worse by entangling government into the private sector.


Don’t these idiots study history?


Recall Harmon & Co., get the whacky progressives out of there.


Russ J

Quit bagging on responsible, risk taking, frugal investors. Pave L.O. Valley with concrete, steel and wood. Affordable housing!


shelworth

Hey Newsom, thanks for the help….


Lmo

Private owners can do what they want. But the City of San Luis Obispo should keep rent increases to the bare minimum. “Affordable housing” shouldn’t be a profit center for government.


AmericaTheFree

Where does is say that private owners can do what they want? It states that they passed a regulation that “mirrors the state’s incoming rental increase restrictions” that if I’ve read right limits rental increase by anyone not just the government. If I’m wrong please point out how….


Humperdinck

What do they do in Medford?


AmericaTheFree

Well shit howdy! Some bipartisan sanity prevails… Two BIG thumbs up to the SLO City Council from one of your biggest antagonists!