July 26, 2017 -- Recent buyers and not longtime owners of Santa Monica rent control buildings are more likely to use the Ellis Act to get out of the rental business, according to a recent eviction study.

The study by the San Francisco-based Anti-Eviction Mapping Project indicates that real estate speculation in Santa Monica is driving evictions under the state law enacted in 1986 to help landlords struggling under rent control.

The Mapping Project found that the average length of ownership before an eviction takes place under the Ellis Act is seven years.

Read More:  http://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2018/July-2018/07_26_2018_Speculation_Likely_Driving_Ellis_Evictions_in_Santa_Monica_Study_Finds.html