The Affordable Housing Destruction Act,  Proposition 10, is a DISASTER FOR SANTA MONICA TENANTS!
Landlords will not be able to increase rents upon vacancy if Costa/Hawkins "Decontrol/Recontrol" is repealed. Including condos, single family homes and ADU "Granny" units.

1   Newsom, Chaing, Villaragoso: All opposed to repeal. 

2   Increase in Ellis Act evictions: When landlords "go out of business", all tenants are evicted when property is sold to condo developers.

3   Repeal of vacancy decontrol/recontrol will not change rents on existing tenants, only make renting more difficult.

4.  Improvements & repairs will be much more difficult.

5   Retrofit earthquake repairs will be canceled/delayed.

6   Buildings and apartments with low/moderate rents will run down from neglect.

7.  More pressure for tenants to pay water and trash.

8 . Only high rent apartments will be advertised.
9   Vacant low rent apartments will be held off market.

10  More Air BB and short term rentals.

11  Reduced assessed values mean that lower property taxes will be paid for bonds including schools.

12. More opposition to defeat bonds that need 67%.

13  Will lead to "financial means test" to justify existing tenant low rents.

14. Will lead to repeal building prohibition on condo conversions of existing apartments.

16  Panic selling:  Last year 5-10 buildings a week for sale, now 85-100.

17 More Rent Board expense to handle changes, fight lawsuits, and enforce owner violations.

18 More building removals from rent control due to lack of "fair return" when retrofit and maintenance costs cannot be paid by vacancy increases.  

19 Rent Control Increase petitions will need to be restructured to permit increases on existing tenants for repairs/quake retrofit/improvements.

20 Roommates will no longer be permitted since rent cannot be raised if original roommate moves out.

21 Will lead to the "taking" issue to go to supreme court which could outlaw rent control.

22 Normal rent control is balanced. Extreme rent control destroys!