Letter -- Braulio Montesino
As a homeowner in Burbank, I am distressed to see the recent spate of
letters demanding rent control in Burbank.
As a former renter, I can understand the frustration involved when a
tenant is suddenly faced with a demand for increased rent from a
landlord. However, it strikes me that rent control is a poor solution to
the problem of increased rents.
The long-range answer is, of course, to increase the inventory of
available rental units, and as Will Rogers pointed out in his column,
rent control is bound to lead to a reduction in available rental units.
The unavailability of reasonably priced rental units is a societal
problem that needs to be solved on a societal basis.
To me, it seems unfair to require the individual property owner to
directly subsidize the availability of housing at an artificially low
level.
If the city of Burbank believes that long-term residents of the city
should not be priced out of the city, then the city should subsidize rent
payments for the individuals whom it seeks to help.
Those who would balk at the idea of the city paying out large sums of
money to subsidize housing should think twice about imposing that same
financial loss on the individuals who own rental property in the city.
BRAULIO MONTESINO
Burbank