The L.A. County Board of Supervisors voted 4-1 to temporarily limit rent increases to 3 percent in unincorporated areas of the county. Supervisor Sheila Kuehl argued that the the rise in rent is directly connected to the rise in homelessness and says the plan would limit rents while the county considers longer-term solutions. Dan Yukelson, executive director of the Apartment Association of Greater Los Anggeles–AAGLA.org says telling property owners what they can charge for rent will do nothing to help the current homeless crisis.
“People have 3 basic needs: Healthcare, food and public housing. Out of the 3, the government in California has decided to dictate to people pricing who provide housing, rather than the government stepping in and providing vouchers and subsidies and various other things. The government has decided to blame small property owners like me for the homeless crisis. What this ordinance is going to do is put a lot of small property owner out of the rental business.”
He goes on to say the real problem is a housing shortage and the ordinance will hurt efforts to boost the supply.
Yukelson was a guest on McIntyre in the Morning.
Sharon Reardon, KABC News
