Page 83 - AAGLA-JULY 2022

Member Update
Rent Control is Top Tier of Stupid ‘Progressive’ Ideas
By Ari Armstrong
T(Editor’s Note: While Colorado is not a likely area of concern to our members, in his editorial, Mr. Armstrong makes many strong arguments against rent control that each of us should take note of as we continue to battle against seemingly never-ending regulatory threats. And, no offense is meant to those reading this who consider themselves to be liberals. The opinions expressed are those of the author.)
o help lower home costs, legislators Anyone, of course, is free to sell their property for below could pass the following bill: market value if they want.
“Anyone who has ever served in the legislature may not sell any residential property for more than its purchase price.” Or, more generously, the bill could let them adjust the price for inflation. That would let hundreds of people buy less-expensive homes!
Many legislators wish to impose the sort of harms on others that they would decry as profoundly unjust if applied to them. House Bill 1287, for example, as originally drafted, would have imposed rent control on mobile home lots, limiting annual increases to the rate of inflation or else 3%.
That bill also would be a ridiculous violation of property
rights. Any legislator who voted for it would deserve it,
but anyone who did not vote for it would unjustly suffer. Please turn to page 84
Los Angeles, CA November 7, 2020:
Protesters with signs at Defend Democracy March after Biden announced as President Elect
Rent control often is Exhibit A in discussions of stupid “Progressive” ideas. Sure, in the short term, the people paying lower rents benefit financially. In the longer term, the quality of the controlled properties declines,
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