In this episode of the Bay to Bay Podcast, I had the distinct pleasure of speaking with Lynn Renshaw of Santa Cruz Together. You may not live in Santa Cruz, but the topic of our discussion is of interest to all Californians: rent control. Santa Cruz Together is a grassroots organization of Santa Cruz voters who are opposed to Santa Cruz Measure M on the November 2018 ballot.
There’s no denying that there is an affordability crisis in Santa Cruz, both for homeowners and renters as well. In fact, Santa Cruz is rated as one of the least affordable cities in the entire U.S.A., so it’s not surprising that there is a lot of concern in the community about the high cost of housing.
The question before us is, how do we deal with that? The folks behind Measure M believe that the best way forward is to establish strong measures to limit increasing rents. The folks who oppose Measure M point out that rent control actually does not control the cost of rent for most people, but rather it has the inverse result: rents increase, because rent control removes units from the rental housing stock while at the same time discouraging the construction of new rental housing.
Whether you’re in favor of or opposed to rent control, this is a very informative episode of the Bay to Bay Podcast. Please do share it with anyone you know who is concerned with housing affordability and rent control, regardless of if they live within the city of Santa Cruz or beyond.