July 14, 2024

San Diego’s Housing Agenda

When landlords withdraw their efforts to provide rental housing a shortage will result. That creates an upward pressure on rents thereby making rents even less affordable. This form of rent control has been tried before so many times but has never worked. If it ever did it would be utilized in every rental property across the country.

Honestly, it seems painfully clear it is time to no longer be a landlord in California. This is just the beginning of the path California is walking. It is not going to get better for landlords. The small guy is going to be crushed.

San Diego’s Housing Agenda

San Diego's Housing Agenda - San Diego 4Br view home for sale

Some landlords will be forced to sell their buildings for pennies on the dollar. Then good old govt will swoop in and take over the buildings. Every apt will be filled w tenants that want free rent, don’t take care of the place and destroy the building. The govt will raise rents, that taxes will cover, and the buildings will fall into slums. People will still be poor. Homeless will continue to grow…there is only so much space to put people…and city leaders will continue to get rich.

San Diego’s Housing Agenda

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