Dear Property Owners:
Supervisor Chris Daly has introduced a Renters Economic Relief Package which is more likely to be an economic disaster package for both owners and renters, if passed. Please take a few minutes to contact the supervisors and the mayor today to express your opposition. Describe to them, or their aides, the impact this irresponsible legislation will have on rental property owners who are already saddled with rent control that is among the most stringent in the nation.
A few points you may want to include in your correspondence are:
- More stringent rent contol will lead to lower revenue for the city, resulting from decreased property tax income as property owners get their property assessments lowered due to decreased rental income. This results in cuts in other services that our tenants may use.
- Many landlords have acknowledged that we are in tough economic times and have chosen themselves not to raise rents this year.
- When faced with decreased rental income and increased expenses, many landlords may choose to leave their properties vacant, which poses a blight on our community. Other landlords may choose to sell their properties, which results in fewer rental units on the market, as such buildings would probably be bought as a "TIC," and the renters will likely be evicted with an Owner Move-In action.
Sincerely,
Natalie Drees Lingsch Realty
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Chris Daly Targets Rental Property Owners, Again
San Francisco Supervisor Chris Daly claims rents are "overly inflated." He is projecting increases in residential rents in San Francisco of seven percent in 2009 unless something is done.
His solution? To provide economic relief to renters "at a time when governments are throwing billions of dollars at homeowners." Daly's Renters Economic Relief Package consists of three reckless and irresponsible amendments to the Rent Ordinance:
What the Daly Amendments Would Do
· Allow the Rent Board to "suspend any rent increases which will cause a tenant's rent to exceed 33 percent of their income." This would be accomplished by expanding an existing provision in the Rent Ordinance that allows the Rent Board to suspend rent increases based on "tenant hardship." Under the expanded provision, "hardship" would be redefined to allow a renter to claim hardship any time a renter's rent exceeds 33 percent of the renter's gross income.
· Expand the rights of renters to add roommates to help pay the rent. This would be accomplished by including in the Rent Ordinance occupancy allowances from the San Francisco Housing Code based on the size and number of bedrooms in an apartment. Currently, rental property owners are able to limit the number of renters to levels below those the law allows.
· Limit the amount of "banked" rent increases which can be imposed in any one year. Currently, rental property owners are able to "bank" annual rent increases and pass them on to renters at will. The amendment would limit banked rent increases to no more than 8 percent in any one year.
Daly's Renters Relief Package Is a Travesty
San Francisco already has stringent rent control in effect and rents are not "overly inflated" as the supervisor contends. To prevent owners from raising rents above an arbitrary percentage of a renter's gross income is outrageous. And, allowing as many renters to occupy a dwelling unit as the Housing Code allows is simply reckless and irresponsible. |
The Supervisors Need
to Hear From You
You can assist in preventing Supervisor Daly's legislation from becoming law by contacting the supervisors and the mayor and voicing your opposition. Tell them, or their aides, about the adverse impact this irresponsible legislation will have on rental property owners who are already saddled with a Rent Ordinance that is among the most stringent in the nation. Describe the likely unintended consequences that will be suffered by renters, including increased difficulty on the part of average citizens in renting units (because income will determine whether a renter's rent can be increased), the likelihood that rental property owners will no longer "bank" rent increases to the detriment of renters and the overcrowding of neighborhoods.
Public Officials Who Need To Hear From You
Michela Alioto-Pier |
Michela.Alioto@sfgov.org |
(415) 554-7752 |
John Avalos |
John.Avalos@sfgov.org |
(415) 554-6975 |
David Campos |
David.Campos@sfgov.org |
(415) 554-5144 |
David Chiu |
David.Chiu@sfgov.org |
(415) 554-7450 |
Carmen Chu |
Carmen.Chu@sfgov.org |
(415) 554-7460 |
Bevan Dufty |
Bevan.Dufty@sfgov.org |
(415) 554-6968 |
Sean Elsbernd |
Sean.Elsbernd@sfgov.org |
(415) 554-6516 |
Eric Mar |
Eric.L.Mar@sfgov.org |
(415) 554-7410 |
Sophie Maxwell |
Sophie.Maxwell@sfgov.org |
(415) 554-7670 |
Ross Mirkarimi |
Ross.Mirkarimi@sfgov.org |
(415) 554-7630 |
Mayor Gavin Newsom |
Gavin.Newsom@sfgov.org |
(415) 554-6141 | |