Opinion — Rents in Santa Monica: The Other Side of the Coin


Opinion — Rents in Santa Monica: The Other Side of the Coin

2019-04-08T17:02:34-07:00April 8th, 2019|Advocacy|

The Lookout’s article “Santa Monica’s Newer Renters Pay More than Double What Long-Time Tenants Pay” (April 1, 2019 ) based on the Rent Control Board’s annual report is interesting and informative.

However, the agency’s report reads like an apologia for the use of government power to achieve the theft of what amounts to $4 billion a year in property value.

Of course, it is couched in language that implies that post-Costa Hawkins tenants are somehow victims of increased rents they willingly contracted to pay and which are, in fact, ‘controlled’ from that point on.

That approach preserves the Santa Monicans for Renters’ Rights (SMRR) mantra that their thievery forcing property owners to subsidize renters is somehow a ‘moral undertaking,’ when it is in fact a display of the deadly sin of greed, disguised, as socialists so often do, as a check on the greed of others.

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