Owners of mobile home park battle rent control
Perched on a cliff looking out over the Pacific Ocean, the De Anza mobile home park is arguably the most spectacular such park in the world. It's also ground zero for perhaps the last great battle over rent control in California, the outcome of which could affect hundreds of thousands in the Golden State, many of them seniors on fixed incomes.
Usually I am against rent control laws because they take away property rights, and create economic distortions. But I don't see either in this case. It looks like the landowners are just abusing the legal system.
No comments:
Post a Comment