The city council officially dropped the ordinance today because of the pressure all of you kept on them. I poured my life savings into my property and having this threat removed feels like a massive weight lifted off my chest. We won this round but I will be keeping a …
July 18, 2024
Final supporters
The City of Salinas has proposed and drafted an ordinance that amends Chapter 17 of the Salinas Municipal Code regarding rent stabilization and tenant protection. While seemingly beneficial to tenants, this ordinance greatly hinders most homeowners' power to maintain, control, and grow their real property investments.
The proposed ordinance seeks to protect tenants from inflation by limiting how much rent can be increased yearly, to a greater extent than is already imposed en masse by the State of California. The ordinance also creates a petition system that tenants can easily manipulate for temporary rent discounts - a system landlords must fund via fees paid directly to the City. These measures further restrict landlords' ability to fight inflation themselves, effectively punishing them for attempting to diversify and grow their portfolio through real estate, or for simply owning a property they do not live in.
Furthermore, if a landlord wished to increase the desirability and rental value of their property by performing a full remodel, they would first have to pay the tenants still under contract a lease termination payoff equal to two to three times the monthly rent - even after serving the tenants a fair 30- or 60-Day Notice to Vacate. This and other proposed regulations leave property owners with a complicated process before they make property improvements, thus likely leaving those improvements out of the question for most owners. This, in turn, leaves tenants with fewer updated properties and landlords with fewer growth options.
The proposed ordinance is not the right short- or long-term solution for inflation within the rental market. This ordinance heavily favors and protects tenants at the expense of landlords who, in most cases, are just average people seeking to invest in their local economy through real estate. Ironically, the proposed new system also leaves landlords with less power to improve or even maintain their rental properties at a level higher than the bare minimum required by tenant law. This ordinance effectively solves part of one problem by creating a series of others.
Officials, tenants, and landlords need to discuss this proposed ordinance until an effective, balanced compromise is found. Please sign this petition to help us show the City of Salinas that its proposed ordinance is neither effective nor balanced and that we need to work together to find a solution that everyone can support.
Please sign now - every signature counts!
Updates
Reached 250 supporters
June 10, 2024
June 7, 2024
My family worked for decades to build our rental properties, and seeing them threatened by these regulations feels like losing a piece of our future. We are nearing a threshold that will force the council to acknowledge our concerns, so please send this link to your neighbors today to help us force a real conversation.
May 13, 2024
Seeing this momentum pick up is a reminder that I am not alone in fearing the loss of control over my property. The rapid growth of this movement proves that many of us are struggling to stay afloat under these suffocating new rules.
Reached 100 supporters
May 1, 2024
136 Comments
Rent control has the opposite effect on rents. As a landlord, I end up raising rents yearly on tenants that I would not have otherwise raised. It is the unintended "raise or lose it" consequence of such policies.
This would be fine if you could keep property taxes and insurance from going up, which of course you can't. Not to mention increase cost for any repairs and maintenance. I try to keep rent as low as possible but still make little to no profit as these costs keep increasing
As an out-of-state property owner and long-time resident of Salinas, I vehemently oppose this rent stabilization ordinance. I will not continue to invest in Salinas and will likely sell my current real estate investments if this ordinance goes through. Thank you - Jennifer Garcia, Beatty Properties
I am a property manager and a house owner. I know the high expenses to turn a destroyed vacant unit, I know how costly is to maintain a habitable unit for a family. Please don't affect landlords and tenants with this ordinance.
Wrong solution to the problem the landlords that are raising rents and being abusive do not live in our community and will not abide. This will only hurt good landlords that try to keep their rents low.
I oppose this ordinance.
No wonder people are moving out of CA.
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The city council officially dropped the ordinance today because of the pressure all of you kept on them. I poured my life savings into my property and having this threat removed feels like a massive weight lifted off my chest. We won this round but I will be keeping a …
July 18, 2024
Final supporters
The City of Salinas has proposed and drafted an ordinance that amends Chapter 17 of the Salinas Municipal Code regarding rent stabilization and tenant protection. While seemingly beneficial to tenants, this ordinance greatly hinders most homeowners' power to maintain, control, and grow their real property investments.
The proposed ordinance seeks to protect tenants from inflation by limiting how much rent can be increased yearly, to a greater extent than is already imposed en masse by the State of California. The ordinance also creates a petition system that tenants can easily manipulate for temporary rent discounts - a system landlords must fund via fees paid directly to the City. These measures further restrict landlords' ability to fight inflation themselves, effectively punishing them for attempting to diversify and grow their portfolio through real estate, or for simply owning a property they do not live in.
Furthermore, if a landlord wished to increase the desirability and rental value of their property by performing a full remodel, they would first have to pay the tenants still under contract a lease termination payoff equal to two to three times the monthly rent - even after serving the tenants a fair 30- or 60-Day Notice to Vacate. This and other proposed regulations leave property owners with a complicated process before they make property improvements, thus likely leaving those improvements out of the question for most owners. This, in turn, leaves tenants with fewer updated properties and landlords with fewer growth options.
The proposed ordinance is not the right short- or long-term solution for inflation within the rental market. This ordinance heavily favors and protects tenants at the expense of landlords who, in most cases, are just average people seeking to invest in their local economy through real estate. Ironically, the proposed new system also leaves landlords with less power to improve or even maintain their rental properties at a level higher than the bare minimum required by tenant law. This ordinance effectively solves part of one problem by creating a series of others.
Officials, tenants, and landlords need to discuss this proposed ordinance until an effective, balanced compromise is found. Please sign this petition to help us show the City of Salinas that its proposed ordinance is neither effective nor balanced and that we need to work together to find a solution that everyone can support.
Please sign now - every signature counts!
Updates
Reached 250 supporters
June 10, 2024
June 7, 2024
My family worked for decades to build our rental properties, and seeing them threatened by these regulations feels like losing a piece of our future. We are nearing a threshold that will force the council to acknowledge our concerns, so please send this link to your neighbors today to help us force a real conversation.
May 13, 2024
Seeing this momentum pick up is a reminder that I am not alone in fearing the loss of control over my property. The rapid growth of this movement proves that many of us are struggling to stay afloat under these suffocating new rules.
Reached 100 supporters
May 1, 2024
136 Comments
Salinas rental registration was a bad idea. Rental Stabilization is worse. City of Salinas dropped the ball when trying to build housing. Rental stabilization will mean NO new housing, because of the new rules. Use San Francisco, Oakland, LA & New York as a testament to housing failure.
Rent control has the opposite effect on rents. As a landlord, I end up raising rents yearly on tenants that I would not have otherwise raised. It is the unintended "raise or lose it" consequence of such policies.
This would be fine if you could keep property taxes and insurance from going up, which of course you can't. Not to mention increase cost for any repairs and maintenance. I try to keep rent as low as possible but still make little to no profit as these costs keep increasing
As an out-of-state property owner and long-time resident of Salinas, I vehemently oppose this rent stabilization ordinance. I will not continue to invest in Salinas and will likely sell my current real estate investments if this ordinance goes through. Thank you - Jennifer Garcia, Beatty Properties
I am a property manager and a house owner. I know the high expenses to turn a destroyed vacant unit, I know how costly is to maintain a habitable unit for a family. Please don't affect landlords and tenants with this ordinance.
Wrong solution to the problem the landlords that are raising rents and being abusive do not live in our community and will not abide. This will only hurt good landlords that try to keep their rents low.
I oppose this ordinance.
No wonder people are moving out of CA.
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Salinas rental registration was a bad idea. Rental Stabilization is worse. City of Salinas dropped the ball when trying to build housing. Rental stabilization will mean NO new housing, because of the new rules. Use San Francisco, Oakland, LA & New York as a testament to housing failure.