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Residents of Petaluma trailer parks gained more safeguards this week, as the city council there became the latest in Sonoma County to strengthen rent controls at mobile home parks.
The unanimous vote largely makes permanent rules hastily enacted more than a month ago, as park owners sought rent increases amidst nationwide inflation. Until May, rent increases were limited to 6 percent or 100 percent of the increase of the consumer price index, whichever is less.
Now a maximum of 4 percent or seventy percent of the CPI, whichever is less, Monday night's vote made that permanent.
The new rules are largely in line with ones adopted in Santa...
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And another winner: “The Best Quotes of 2023”. Here’s what a resident and park owner said after the city voted to put into effect even more rent control in this California town:
Calling the council's direction misguided, resident Salo Landano claimed rent control efforts always fail. "It never works and it always leads to lower housing stock and poorer living conditions."
Park owner Nick Ubaldi says he's considering drastic measures. "We are currently managing properties with aging infrastructure while dealing with escalating expenses, however, it seems that the decision to impose additional restrictions on rent increases, keeping them below C.P.I. will have unintended consequences. As I'm sure you're aware of, we have hired a consultant to assess the feasibility of closing our mobile home park. We believe this to be our only viable course of action. We are concerned that if not addressed, these changes will suffocate our business and render our property virtually worthless."
Bravo!