Lens Weighs In on Rent Control Bill

Michael Lens, associate professor of urban planning and public policy, spoke to Curbed LA about Assembly Bill 1482, which would bar most property owners in California from increasing rent more than 7 percent, plus the cost of inflation, in one year. The bill would also require landlords to have just cause, such as failure to pay rent, when terminating a lease. “We’re definitely at a time more tenant protection in California generally — and especially L.A., San Francisco and other hot markets — is necessary,” Lens said. Advocates say the bill, if enacted, would protect up to 4 million Californians from rent gouging and arbitrary eviction. Opponents say it could deter developers from building at all. Lens pointed out that the 7 percent cap on rent hikes may be too high to have significant impact. “There’s a really small number of homes in which a landlord in a given year is even mulling a 10 percent hike,” he said.


 

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