Link SJ rent control to consumer price index
It is no surprise that representatives of millionaire landlords and corporations who profit off extreme rent increases dismiss rent control and are now trying to misdirect the public (Letters, Nov. 5). Yes we must build more housing, but when rising rents are forcing more families to make impossible choices like whether to pay for rent or groceries, we can’t solely depend on solutions that take decades.
The gap between the cost of rent and tenant’s wages has nearly tripled in five years. Without sensible caps on rent increases, more San Jose families will be priced out of their city.
Unless the San Jose City Council acts Tuesday, every large annual rent increase will force more families out of their homes or onto the streets.
Linking rent control to the consumer price index can help provide security and safety to thousands of San Jose families immediately. — Jeffrey Buchanan, director of Public Policy Working Partnerships USA