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Rent control

From: domainremoved <Caitlin>
Date: Tue, 26 Feb 2019 02:25:15 +0000

Dear City Council,

Alternative A is the best path forward for Menlo Park. I feel the mandatory lease offering policy provides sufficient stability for tenants and landlords, and any need for relocation assistance should be focused on those truly in need. This means adopting the lower AMI threshold, exempting single-family homes, and including triggers that focus on a true change of use or removal from the market. When units are lost, everyone is worse off and that is why building more housing is the only true solution to our crisis.

Adopting Alternative B would simply increase the costs and risks of providing housing and incentivize landlords from exiting the rental market. We’ve seen that happen in Mountain View already. The inclusion of single-family homes is something that has always been exempt from rent control ordinances for legal reasons. Attempting to apply just cause eviction and rent caps on these units will only harm Menlo Park tenants and housing providers.

As a local REALTOR® and housing provider, I am committed to supporting solutions that actually work for tenants and provide more housing for all. I urge you to support Alternative A, and reject any attempts to impose the costs of rent control on mom and pop landlords and homeowners in Menlo Park.

Sincerely,

Caitlin Darke
Residential Real Estate Broker
Menlo Park Reaident 40 plus years

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Received on Mon Feb 25 2019 - 18:21:17 PST

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