Just Another Day In SouthLA
Anyone familiar with the Los Angeles Housing Market will tell you in order to purchase anything out here you have to be willing to give up your right arm, left leg, right foot, left hand, first born, granny, and if you want a speedy escrow (which doesn’t exist) one of your nieces or nephews, well to add insult to injury, the Renters Market isn’t any better. Even though with all the mass production of large housing developments and residential skyscrapers popping up, LA is still in a housing shortage which allows for Landlords to charge astronomical rental rates. But the bad news doesn’t stop there for renters, due to Ellis Act, which allows Landlords to evict tenants to demolish buildings or remove them from the rental market, (which is becoming more and more popular with the recent launch of AirBnB) is making it more and more and more bleak for renters. As long as Landlords provide a relocation fee to evicted tenant this is perfectly legal. Per LA Curbed, evictions from rent-controlled units have doubled since 2013 and the number of affordable rental units removed from the housing market has tripled within that same time-frame.
Sooo, to provide a smidgen of relief, Mayor Eric Garcetti, along with the Los Angeles Housing and Community Investment Department, is launching a new campaign called “Home for Renters” to help renters better understand their rights as tenants. The campaign will use print media such, ads, flyers, door-hangers, etc to ensure tenants in LA’s “most vulnerable” neighborhoods are aware of the city’s Rent Stabilization Ordinance, passed in 1979 which sets precedents for what is a legally allowable reasons for evictions, as well as advises on the the types of evictions that require landlords to pay tenants to relocate.