On Tuesday, June 20th, the City of Milpitas will consider a Just Cause Eviction emergency ordinance. If the request is approved by the city council, the item will take effect immediately. The Just Cause Eviction emergency ordinance would apply to ALL rental housing regardless of size, type or year built, including single family homes. The draft ordinance is available here.
SCCAOR opposes Just Cause Eviction. It is not a justified response to the region’s affordable housing shortage. A Just Cause Eviction ordinance does not create or promote new housing and severely limits the property owners’ ability to keep renters safe. To evict someone, you would have to make sure it falls within one of the designated reasons the City has identified. If your reason for eviction is not on that list, you simply cannot evict them. Examples include:
•In cases of criminal conduct, another one of your tenants must testify in court against that bad tenant.
•In cases of lease expiration, you must give a reason not to renew a lease.
If your eviction is legal, then you may evict the tenant as long as you provide relocation funds equal to 5 times the fair market rent. That is $9,750 for a one-bedroom and $12,210 for a two-bedroom.
Attend the City Council Meeting to Oppose Just Cause Eviction Emergency Ordinance
When: Tuesday June 20th at 7pm
Where: Milpitas City Hall: 455 E. Calaveras Blvd., Milpitas CA
Both Milpitas and Daly City city council have rejected rent control proposal. Since both are Asian majority cities, we can conclude that it’s safe to buy in cities with an Asian majority since rent control risk is low
Fremont and Cupertino are safe from rent control
Sunnyvale has 40% Asian and 43% white. Risk can be low since Asian population is increasing
Most landlords are land rich but cash poor… Every one on this forum is leveraged to the hilt and just counting on appreciation… Can’t eat appreciation. If fact if you cannot refi or sell you are poorer than your tenants…
The tenants rights people are creating a lie and class war fare…
Hey, hey, hey, not everyone is leveraged to the hilt. We are holding a considerable amount of cash while all of the property mortgage balances are fairly low and are covered easily by rental income.
Def agree about on being prepared for the future and the next recession. Frankly, homes have gotten so expensive now that I don’t really want to buy anything anyway. We will sit on the sidelines for something to pop up via private sale.