rents are high the answer isn't rent control the answer is we need to build more housing it's just econ 101 um the the rental housing stock here was built out in the in the decades after World War II when it was just orange Fields over here in the valley and so land was cheap it was plentiful and so what they built were these these low density twostory Courtyard style apartment building small I think 90% of the rental housing stock here is 50 units or less around a a pool or a courtyard you would never these are…
crisis is real I mean it is real and housing prices have been going through the roof and rents have been going through the roof why is that it's you know you don't have to have taken econ 101 to know that it is supply and demand and we are a million units short in California we are 400,000 units short in just LA County based on the amount of new construction that's happened recently it'll take 20 years just for LA County to catch up on its current housing deficit and that doesn't take into account you know…
…and it's and it's an impact that helps Mom and Pops and it's an impact that helps the overall Market the second thing is if you really want to help renters in need then give them and and you think that housing is a right and I you know the the principles of that are hard to argue with um you then the rent control doesn't do that vouchers do expand the voucher program Society should be paying for it because is a societal benefit it shouldn't be coming on the backs of Mom and Pops that are struggling just to pay the…
…Hawkins was passed and that's been the law of the land for the last 30 years that what that did is it outlawed some of the most Draconian forms of rent control that um uh that not only limited what you could raise rents on an existing tenant which now there's rent control that limits that Statewide ab1 1482 which is really a moderate form I think a balanced form of R control limits that so people have visibility they