So--hundreds of evictions loom (Times, Aug. 13).
If the moderate tenants had been listening, if the reporters had done research and reviewed transcripts of rent board meetings, this would not come as a surprise.
Mom and pop landlords as well as apartment industry representatives have been telling this bureaucracy for 10 years that unless and until regulations were formulated to either/or:
1) give a fair rate of return;
2) address the historically low rents issue by allowing larger general adjustments;
3) provide for some form of vacancy decontrol/recontrol,
the housing stock would deteriorate, plus small owners would just give up and go out of business.
The Santa Monica Rent Control Board and its vocal, militant tenants minority refused to listen. The city attorney, whose large staff supplements the rent control bureaucracy, refuses to listen. I urge your reporter to review the maximum allowable rents in this city. He will find many instances of where, after 10 years, rents are still under $200 per month! You can't maintain property at that level.