New Rent Controls are being pushed through Local California Gov

[Susan O.]

http://sfist.com/2017/03/06/david_chiu_rent_contro...

Make sure to get out and vote.  Also contact your local reps because this is going down.

Reach out to your local Apartment Associations, Your local brokers/ RE agents/ Property Managers etc.

They're pushing for rent control.   Meaning tat you will have to pay $10-20k!!!! PER unit if you ever want to live in your own property or evict someone.  Even if they are drug dealers etc. 

Also they're trying to MANDATE government voucher programs-- Banning the ability to say NO to section 8.  This is like socialism!

You won't be able to raise your rent more than the CPI which is at just 1.6% right now!! How are you supposed to do this when utilities, property taxes, the cost of contractors, the cost of repairs goes up each year by like 5-25%!!

[Paul Altman]

The power in numbers of these overly liberal people in certain areas of the country is allowing a bunch of people to make decisions that have no business making them. It seems they really just think that what ever option sounds the fluffiest and most well to do is the best one without any consideration for the consequences or viability. 

Measures have to be implemented to create fairness in communities but incentives are being taken away from the people who have the inherent ability and drive to affect change in these communities and breed progress. 

I hate to see what the result will be after all incentive is gone. RE investors create so much value in cities across the country and these social just warriors who demonize them are just uninformed and ingnorant