By Peter Borresen

This week the Santa Monica City Council passed the first reading of a superb new law that, although technically not rent control, is exactly that – It will magically allow owner occupied triplex and duplex owners to be allowed to raise rents, but at the same time will allow the tenants to gain $21,000+ relocation fees should rents rise more than a token amount and thus halt all attempts at rent raising. This law is pure genius: Something that looks and smells and tastes exactly like rent control, but technically is not.

Read More: https://www.smdp.com/your-column-here-magical-sounding-rent-control-that-isnt-rent-control/179773