Pockets, these impressions that were the greedy landlords is wrong, were Small Business owners and were just basically trying to operate our Small Business. Reporter currently there are roughly 44,000 rent controlled units in san jose. Landlords of those units can legally raise the rent 8 a year more than enough advocates say to put the squeeze on working families. Its supposed to balance a reasonable fair return but at the same time make sure that tenants arent being subjected to unjust rents. Reporter supporters are strengthening the rent control ordinance would like to see annual increases tied to inflation or the cost of living. The council will have to wade through several competing proposals as they try to cool the redhot rental market. Reporter now, the council is going to consider a proposal that would link the annual increases in rent to the cost of living. Another that would cap it at 5 . And yet another at 6 . And those Public Comments are expected to last for several hours.
Article Contributed by Hiouchi Jewels | Published on Thursday, July 22, 2021
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