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Indybay Feature
Rally to Roll Back the Rent!
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Date:
Friday, November 15, 2019
Time:
4:30 PM
-
6:30 PM
Event Type:
Protest
Organizer/Author:
Brad Hirn
Email:
Phone:
415-226-6677
Location Details:
One Bush Street (Market & Bush) in SF
Energized by the recent rent rollback for 500+ tenants in 34 buildings throughout SF, Veritas / Greentree Property Management / RentSFNow tenants are rallying again to #RollbackRent at more buildings across SF. Join us!
Our immediate demands of Veritas are:
- Cancelation of pending capital improvement passthroughs
- Rollback of ALL capital improvement passthroughs already impacting tenants
- Rollback of ALL operations & maintenance rent increases ruled on prior to last year's change in the law
Additionally, we are putting out a call to the Board of Supervisors for a citywide rent freeze on all rent-controlled apartments: No rent increases on rent-controlled apartments until the BOS considers deep policy change on a fair rate of affordability to complement a landlord's expectation for a fair rate of return. If a landlord can demonstrate financial hardship, then an annual rent increase should be granted.
With the Rent Board Commission considering new rules requiring landlords to disclose their profits to receive operations & maintenance rent increases, and with members of the BOS soon holding a public hearing on passthroughs, we demand a citywide rent freeze on rent-controlled apartments to preserve this essential housing stock while we consider new policies.
#WeAreNotPrey #RollbackNow!
Our immediate demands of Veritas are:
- Cancelation of pending capital improvement passthroughs
- Rollback of ALL capital improvement passthroughs already impacting tenants
- Rollback of ALL operations & maintenance rent increases ruled on prior to last year's change in the law
Additionally, we are putting out a call to the Board of Supervisors for a citywide rent freeze on all rent-controlled apartments: No rent increases on rent-controlled apartments until the BOS considers deep policy change on a fair rate of affordability to complement a landlord's expectation for a fair rate of return. If a landlord can demonstrate financial hardship, then an annual rent increase should be granted.
With the Rent Board Commission considering new rules requiring landlords to disclose their profits to receive operations & maintenance rent increases, and with members of the BOS soon holding a public hearing on passthroughs, we demand a citywide rent freeze on rent-controlled apartments to preserve this essential housing stock while we consider new policies.
#WeAreNotPrey #RollbackNow!
For more information:
https://www.facebook.com/events/6387109900...
Added to the calendar on Mon, Oct 28, 2019 2:59PM
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What's better than rent control? A tax on vacant lots and unoccupied buildings. While rent control makes it less attractive to supply accommodation, a vacant-property tax makes it less attractive NOT to! A vacant-property tax of $X/week makes it $X/week more expensive to fail to get a tenant, and thereby REDUCES, by $X/week, the minimum rent that will persuade the owner to accept a tenant.
Such a tax, although sometimes called a "vacancy tax", is not limited to what real-estate agents call "vacancies" — that is, properties available for rent. It also applies to vacant lots and other properties that are not on the rental market, and is designed to push them onto the market and get them tenanted.
A vacant-property tax is intended to be avoided; if it's properly designed, nobody actually has to pay it. And the *avoidance* of it would initiate economic activity, which would expand the bases of other taxes, allowing their rates to be reduced, so that the rest of us would pay LESS tax!
— Gavin R. Putland,
Such a tax, although sometimes called a "vacancy tax", is not limited to what real-estate agents call "vacancies" — that is, properties available for rent. It also applies to vacant lots and other properties that are not on the rental market, and is designed to push them onto the market and get them tenanted.
A vacant-property tax is intended to be avoided; if it's properly designed, nobody actually has to pay it. And the *avoidance* of it would initiate economic activity, which would expand the bases of other taxes, allowing their rates to be reduced, so that the rest of us would pay LESS tax!
— Gavin R. Putland,
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