AFFORDABLE HOUSING
Rent control is necessary to retain both mobilehome park housing and affordable housing within the City, and is consistent with the City's general plan.
A LOCAL PROGRAM
Rent control is a local program tailored by the City Council to meet the specific needs of its residents which can be met in no other way.
STABILITY
Rent control offers long-term stability for residents. Many residents are on fixed incomes and they need stabilization in view of the monopoly market in which they are trapped.
Rent control stabilizes the park and enables parks to retain long-term residents who, without rent control, could be forced out, and rent would be raised substantially for new residents.
OTHER DISPUTES
Rent control establishes a system to enforce controls that can be used for other disputes such as service reduction claims by residents.
SPECULATION
Rent control effectually discourages speculation by park owners and prevents economic syndicates from being formed for the principal purpose of buying the mobilehome park and then drastically raising rents and selling quickly for windfall profits.
Source: The GSMOL Mobilehome Rent Stabilization Ordinance Handbook, Second Edition: Guidelines for Drafting and Enacting a Mobilehome Rent Stabilization Ordinance.
Prepared by: Bruce
Stanton, Esq., Corporate
Counsel
Image courtesy of KROMKRATHOG at freedigitalphotos.net.
No comments:
Post a Comment