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HomeMy WebLinkAbout2/24/2026 Item 4a, Ferrario STEVEN FERRARIO < To:E-mail Council Website Subject:Fw: Dear Mayor Stewart and City Council, My name is Steve Ferrario & I have been a Realtor in our community for more than 37 years and today my message is simple, I oppose the creation of a rental registry. I care deeply about safe housing, strong neighborhoods, and the long- term health of San Luis Obispo’s housing market. Every day I work with clients, investors & tenants. I appreciate the City taking time to study this issue before considering any formal program. As you consider a rental registry, I respectfully ask the Council to pause and ensu re there is clear & objective data demonstrating that a new program is truly necessary and that if implemented would solve a defined problem. I understand there is strong advocacy and pressure around renter issues, and those voices deserve to be heard. At the same time, new regulations should be grounded in clear evidence and a demonstrated need. California already has strong statewide tenant protections in place. State law lim its annual rent increases for most rental housing and includes just cause eviction requirements, creating a comprehensive framework that applies across our community. 1 **It is also important to note that rental registries are relatively uncommon acro ss California. California is comprised of 483 Cities and towns. 35 cities have adopted rental registries; 31 of those cities have already IMPLEMENTED RENT CONTROL or FORMAL INSPECTION PROGRAMS. This suggests registries are typically implemented as part of a broader regulatory framework and a first step to rent control. Before moving forward, I urge the City to: *Clearly identify the specific problems a registry is intended to solve and how suc cess would be measured. Please also be TRANSPARENT if this rental registry is intended to be the framework towards our city being governed by Rent Control. *Evaluate whether existing enforcement tools such as the City business license program which could simply & cost effectively be upgraded to accomplish everything a registry is aiming to do) and in the process, not add another regulatory layer & save hundreds of thousands in additional costs which will be levied on property owners who will simply pass the costs on to their tenants. We all share the goal of safe and stable housing. Please take a careful & balanced approach as you consider adopting a program that is N ot needed while being aware of the unintended consequences in doing so. Thank you for your time and thoughtful consideration. 2