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Leaders Reject Proposal To Tie Rent Increases In Certain Units To Inflation


Sandra Robles clutched a sign with the words “Housing Justice is Racial Justice” as she waited to speak out against rent hikes that could force her out of San Jose. A row away from her, Tom Fleissner, a longtime property owner, told city lawmakers that they’re treating landlords like they’re “evil.”

The stark divide between renters and landlords in San Jose grew even wider Tuesday. For the second time in the past year, city leaders rejected a proposal to tie rent increases in San Jose’s nearly 45,000 rent-controlled apartments to inflation.

Currently, San Jose caps rent increases in those apartments to no more than 5 percent per year. The City Council on Tuesday voted 6-5 to maintain that cap and rejected an idea from Councilman Don Rocha to explore adding 11,000 duplexes to the properties subject to the city’s rent control law. The dissenters were Vice Mayor Magdalena Carrasco, council members Sergio Jimenez, Raul Peralez, Sylvia Arenas and Rocha.

for more information check out:

https://www.mercurynews.com/2017/11/14/san-jose-leaders-reject-proposal-to-tie-rent-increases-in-certain-units-to-inflation/


#rentcontrol #Housing

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