Because two possible rent related initiatives is simply not enough, I present you the third rent initiative that seeks to ban any form of rent control in the City of Alameda.
These folks were a lot more savvy than Tony Daysog and came up with the right title to get people nodding in agreement: the Alameda Homeowners and Private Property Rights Act. I mean, seriously, who is going to vote against private property rights, amirite?
The initiative claims that any government restrictions in setting pricing for property whether it is sale or lease will be forbidden if this ordinance is passed. In very simple terms, it’s a ban on rent control because it doesn’t allow the City to set a cap on rents. The funny thing is that I don’t believe that this actually would affect the portion of City’s ordinance that was passed because the City’s ordinance is not a rent cap but a trigger for “approval” by the RRAC. Since the decision by the RRAC is non binding on a certain percentage of the rental units, it would be interesting to see if that portion would survive if this initiative were to pass.
The amazing thing is that this initiative is couched on the premise that this is needed to not inhibit production of housing which the initiative acknowledges there is a shortage. I guess it would be too much trouble for the backers of this initiative to actually go after the true culprit of housing shortages as opposed to going after rent control which — while extreme — at least protects those residents that are in danger of losing their housing.
As someone pointed out yesterday the worst thing about all these ordinances is that it seeks to amend the City Charter for these pet issues.