California Debate Mirrors RSA Arguments Made in NYC

This recent Mountain View, California rent control debate echoes arguments RSA had made for years to the New York City Rent Guidelines Board (RGB): CPI adjustment does not adequately compensate rental owners.

During a Mountain View Rental Housing Committee meeting, a committee member said, “To use the (regular) CPI is not a great way to look at the market for landlords. We can do better and choose a different index that better reflects the market conditions.”

Unfortunately in New York City, RSA must continue to educate the tenant-friendly and biased members of the RGB in order to have them understand this notion.

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