Informing Boyle Heights renters of their rights; new Highland Park concert hall to debut; Silver Lake’s Latter Day Jew

Renters Rights: Councilman Jose Huizar and about a dozen other persons went door-to-door in Boyle Heights as part of the “Know Your Rent Control Rights” campaign. About 90% percent of Boyle Heights residents are protected by city rent control laws but many are not aware of it, officials said. ABC7

Music: The Lodge Room makes its debut today as Highland Park’s newest music venue. The concert space is located in the second floor of the 1920s era Masonic Lodge on Figueroa Street. L.A. Weekly

Latter Day Jew: Silver Lake writer and comedian H. Alan Scott is the subject of a documentary — Latter Day Jew — that chronicles the 35-year-old former Mormon’s conversion to Judaism and preparations for his bar mitzvah. Jewish Journal

Real Estate: A New Modern Home in Eagle Rock at The E.R.B. (Sponsored)

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East Los Angeles | Victor Peraza

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  1. I think rent control laws are rediculous and unjust, forcing a very small number of private citizens (usually mom and pop owners since large REITS only buy newer Class A buildings) to PERSONALLY subsidize the rent of those lucky enough to get a low cost rental in a hot market. That being said, its absolutely horrible when NEW buyers step in and try to harass rent controlled tents in an effort to force them out in hope of collecting market rent – they know the rules when they bought the unit so they should be obligated to follow such rules.

    • You’re not making very much sense.

      • Sorry, but I can’t help if your reading comprehension is low.

        • Comprehension is perfect. You state, “bad for long time owners but new landlords should have to subsidize below market renters.”
          Not very coherent.

          • Maybe I’m assuming that you understand rent control laws in Los Angeles. Let me clarify:

            Rent stabilization aka rent control became law in 1978, hence, all apartments buildings built prior to 1978 are subject to rent control. This law capped the maximum annual rental increase to 3% (although there are a few exceptions). The new law forced existing owners to subsidize renters rent in the event that market rent increased more than 3% annually (which it has). This law was and still is unfair for these apartment owners. New owners (those that purchased a building subject to rent control after the ordinance was put in place) know the law and should weigh it accordingly at purchase and SHOULD NOT illegally harras and evict tenants.

            That being said, I would like to see rent control go away gradually for all working aged adults, but stay in effect for the elderly. Only a handful of cities in the US implement rent control and I personally believe it has made rent more expensive for the majority and less expensive for the minority, simply because it makes it very difficult to redevelop land zoned for high density which would add to the rental supply (in addition to subjecting new buildings to onsite parking requirements, energy efficiency laws, etc.).

  2. Just end rent control and let the market decide the prices

  3. Few people understand the unintended consequences of price controls like rent control. One of the many being inflated prices. The other being a constant dwindling supply of rental units on the market because owners convert the units to non-rent controlled units by demolishing the old and building new. The answer? rent control for all? Nope. That’s about as likely to happen as Bernie Sander’s tax plan. The rich who own those huge megaplexes like the orsini have lawmakers in their pockets.

    Abolish rent control and let the free market decide. That works in every other metro in the country except San Fran, NYC and LA…all among the highest rent- because of rent control. Irony at it’s best.

    • Jenn, I completely agree – rent control creates too many market distortions, picking winners and losers without actually addressing the underlying problems. But unfortunately for a city like LA, now that this door has been opened, it can’t be closed because too many elderly people rely on the subsidy.

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