HomeMy WebLinkAbout4/15/2025 Item 7a, Malkin
esthermalkin <
To:E-mail Council Website
Cc:Barry Price
Subject:Act Now to Protect Renters
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San Luis Obispo City Mayor & Council Members
Renters are almost half the population in the state of California & more than half in many jurisdictions.
Renters are the backbone of the workforce & are the ones most becoming homeless.
Student, famlies & senior homelessness has & continues to rise annually.
It's important to understand your specific jurisdiction's rental market & a rental inventory registry is a tool
to gather data to base potential policies on, including rent stabilization.
An example of data a registry will provide is how much corporate ownership is in your market that can
manipulate the "market rate" with the sheer quantities they own & how policies as well as fees they put in
place become standard practices. One of the worst offenders:
https://www.usatoday.com/story/news/nation/2025/04/15/ftc-sue-greystar-apartment-fees-lawsuit-
renters/83084327007/
While we all understand the need to build more housing that may stabilze rents eventually we also know
that will not happen fast enough therefore there must simultaneously a move to stabilize rents until then.
The longer this is put off the more renters leave &/or become homeless.
Please prioritize this issue as a city council & address this issue asap.
Thank you for your consideration of this important topic affecting everyone directly & indirectly.
Stay Well & Best Regards,
Esther Malkin
#RentersVote
(831) 238-4765
Ca. Democratic Renters Council Board Member
*Please pardon typos as this is being sent from my phone. Thank you.
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