The following is the text of a power-point presentation written by Wes Wellman, a long-time Santa Monica Realtor and member of ACTION Apartment Association.
We’re all concerned about "rent-burdened" tenants who can lose their homes because they can’t afford their rent.
That made me wonder just how many were evicted in 2017. So I did some research. And this is what I found.
Out of the 26,000 rent-controlled units in Santa Monica in 2017, there were a total of 102 evictions.
When I drilled down even further into the 2017 stats, I discovered that out of the 26,000 units with 102 evictions I was surprised to find only 12 were related to non-payment of rent.
Read More: http://www.surfsantamonica.com/ssm_site/the_lookout/letters/Letters-2018/07_16_2018_OPINION_How_Many_Rent_Burdened_Tenants_Lose_Their_Homes_in_Santa_Monica%20.html
