The San Diego City Council will be hearing a new tenant protection ordinance today which, if approved, will limit a landlord’s ability to provide quality rental housing to their tenants.
This move was expected because the end of Covid-19 tenant protections has resulted in more people ending up on the street and the City Council has been working hard to slow down evictions.
What Will the New Tenant Protections Include?
· All renters will have eviction protections from the first day of their tenancy.
· Landlords will face more restrictions on the improvements that they can make to their rental properties.
· If a landlord evicts their tenant, they will be required to pay thousands of dollars in relocation fees.
· Landlords will also be faced with paying additional fines for civil violations including: damages and attorneys’ fees.
“This in and of itself is not a silver bullet to prevent homelessness but it can help a substantial number of people remain housed by asking landlords to step up and alleviate some of the costs,”
- Mayor Todd Gloria
Does Overregulation Help the Rental Housing Market?
Housing a basic human need (not a right), but the big question is does the willing overregulation of the rental housing market help keep more people housed? Or will it lead to factors that actually harm renters, and shrink the overall supply of quality housing?
Many argue that it’s the lack of inventory (and regulation preventing swift building of more residential units) that is the real culprit. Long term regulation by local authorities has made it harder for Landlords to come to the market to invest in rental property due to the fear of inability to raise rents, inability to quickly remove negligent Tenants, and overall fear of being able to have control of their investment.
In the meantime, the San Diego City Council will be meeting to hear this new housing ordinance today and they may also meet again on May 15th for a second review.
If approved, the new housing ordinance will go into effect 30 days after it’s signed by the Mayor.
What GoldenWest Management offers its clients and partners to help in this current situation?
As a landlord, managing your own property can be an extremely time consuming and challenging experience. One of the most difficult aspects of being a landlord is managing tenants who violate the lease agreement and need to be evicted. However, with the help of a property management company, landlords can navigate the new legislation, processes and rules to ensure they are successful in maintaining a net positive income producing property.
If eviction becomes necessary, we can handle the entire process on behalf of landlords. This includes serving notice to tenants, filing eviction paperwork with the courts, and coordinating with law enforcement to remove the tenant from the property. Property management companies are well-versed in the legal procedures involved in evictions and can ensure that the process is handled smoothly and efficiently.
From tenant screening and lease agreement drafting to rent collection, property maintenance, and eviction procedures, GoldenWest Management can handle all aspects of property management, minimizing the risk of eviction situations and ensuring a smooth and profitable rental experience for landlords.
Contact GoldenWest Management
At GoldenWest Management, we specialize in local property management for single-family and multifamily properties in San Diego, Phoenix, and Las Vegas.
To learn more about the property management services we can offer you, contact us today by calling (866) 545-5303 or click here to connect with us online.
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