All Forum Posts by: Susan O.

Thanks Ned we as property owners are under attack.  It's highly unconstitutional. 

There's a huge agenda by special organizations

Here's what's happening in Los Angeles and Long Beach- really through much of California.  And they wonder why businesses and people are moving out of Cali:

http://www.latimes.com/business/realestate/la-fi-h...

For instance if you just look at something locally in Long Beach California.  It's a meeting that seemingly seems like it's just a pro community meeting, but really it's an anti property agenda meeting.  

https://allevents.in/org/building-healthy-communit...

Sponsored by this California organization http://www.tenantstogether.org/updates/biggest-ren... some are backed by big lawfirms for tenants rights as their main sponsors.

http://www.housinglb.org/who-is-hlb/

They want to go city by city and start implementing rent control and increased rent inspections like they have in Los Angeles. LA housing has notoriously invasive rent inspections.  They're like the police.  In LA they can do anything they want. 

This will spread from coast to coast.  All the hard work and sacrifice to buy a duplex or what not just flushed down the drain for "entitlement"

Hey Kris what do you think of the Rent Control push?

http://www.presstelegram.com/general-news/20170205...

http://www.tenantstogether.org/updates/tenants-are...

http://www.tenantstogether.org/campaigns/rent-cont...

http://www.tenantstogether.org/sites/tenantstogeth...

http://www.tenantstogether.org/resources/rent-cont...

Look at their promotional materials.  Using children to make rent control seem like it's good for cities. It's actually bad overall for local economies according to about 90% of economists.

Yes what's unfortunate about this sort of entitlement feeling is a lot of the youth-- 20s-30s feel that housing is a 'right'  like it should be 'socialized'.  They don't understand the thousands of hours spent working to save up for that first down payment then paying off the property (while making $12,000 roof repairs and worse) then getting capped on possible rental income. 
If these tenant groups get their way there will be a collapse and eventual foreclosures etc leading to blight and a lot of neighborhoods failing.  Home owners, property owners will all be negatively effected.

When there's a huge capital improvement like having to replumb the building with copper then you can be hit with $20-30k in repairs.  If you can't spread that out over rent raises you will not be able to pay the mortgage.

We need to all get active especially against this AB 1506.  The tenant groups are all ahead of us.  They are backed by some big money interest groups.

http://www.laweekly.com/news/legislation-to-expand...

This might effect those 4 units in Long Beach rent control coming

This is getting crazy:

Tenant organizations:

This group is heavily funded pushing for bureaucracy in each city in California.  They are heavily funded $$$$

Anti landlord/ anti property owner group.  Tenant organizations rising up all over California with big agendas backed by a lot of $$$ from organizations.  They want to expand rent control for single family houses and condominiums to be under rent control and newer housing.

Long beach rent control pushers. They have agenda for creating new bureaucracies, new taxes in Long Beach and spreading to Orange County

Please contact your local apartment associations, realtors, and others in the housing industry about this!

http://ohmyapt.apartmentratings.com/the-argument-against-rent-control.html

Looks like they are expanding rent controls

http://www.tenantstogether.org/ This group is heavily funded pushing for bureaucracy in each city in California.

https://www.sftu.org/ Tenant organizations rising up all over California with big agendas backed by a lot of $$$ from socialist organizations.

http://www.housinglb.org/ Long beach rent control pushers.  They have agenda for creating new bureaucracies, new taxes in Long Beach and spreading to Orange County

This is getting crazy: http://www.laweekly.com/news/legislation-to-expand...

This is the problem with rent control

http://ohmyapt.apartmentratings.com/the-argument-against-rent-control.html

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%!!

Landlords, Investors, Realtors all have to become politically active.  This AB 1506 could put us into a recession.  How on earth can you get a cash flowing property without raising rents to reasonable market rates!!!

http://www.eastbayexpress.com/oakland/how-oakland-...

Landlords actually have all the rights. I've invested in other states.  California is almost anti business/ anti landlord.  It's like they want the streets to become poor and violent.  They scream gentrification if you paint a building, fix a roof now days. Look what's happening in Los Angeles- Highland Park, Long Beach, Inglewood.  The tenant groups funded by big lobbyists

https://www.sftu.org/