Los Angeles Tenants "Union" - Universal Rent Control

[Susan O.]

I was recently in Los Angeles and I saw all sort of posters in Korea town - which has a lot of hard working people who have brought it up from the 90s -- LA riots, slums, etc. 

There are posters that say "Housing is a Human Right" 

It sounds great as a slogan. But then they really want 'free ****' at the expense of hard working producers. Like House hackers, BRRR investors, small sacale landlords who work their butts off learning REI, and implementing it in their HARD WORK...

And now there are posters all over Wilshire and up and down the streets for the LA Tenants Union.  A group that want's to socialize housing in LA, California and the rest of the US.

http://www.dailynews.com/government-and-politics/2...

https://www.facebook.com/latenantsunion

They play the race card by getting non English speakers to sign up and are really getting active in LA.  I mean all they have to do is say "Hey do you want lower rent"  Sounds so simple, but it's really devastating to the economy and communities.

http://www.economist.com/blogs/economist-explains/...

[Steve Jones]

There is a bill going to vote shortly that I urge everyone to oppose.

Anyone interested in real estate should oppose AB1506

I wrote a letter, feel free to use, copy or amend:

Hi, I oppose AB 1506.

As a rental property owner in LA, I am a small business owner trying to make a difference to my tenants and to my community.

Please do not put me out of business and force me to sell my property.

Repealing the Costa-Hawkins will not "cure" the housing crisis and will add further burden to small business owners like myself who are the lifeblood of Los Angeles. No one with any sense is going to buy or build rental property in California while state lawmakers are proposing to unleash rent control.

The conversation alone could reduce the supply of housing.

Rent control sounds good if you’re a tenant paying the outrageous rents in Southern California, but rent control is one of the reasons that affordable units have steadily disappeared from the market, year after year, since the late 1970s.

I urge you to oppose AB 1506.