Property Rights and Rent Control Ballot Measures

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Fellow Angelenos (and Californians), we hope you join us today in partaking in your civic duty by heading to your local voting booth and making a difference. We're specifically interested in the outcome of one of the ballot measures: Prop 98.

This measure would prohibit government agencies from using eminent domain powers to force the sale of residential and commercial properties, farms and churches to be transferred to private developers, while also phasing out rent control in California, affecting up to 626,600 apartments and other rental units...

Personally, we're torn. We're proponents of protecting property owners from government land grabbing. But we're none too pleased about the addition of eliminating rent control in a city where rent has spiraled into the stratosphere in just the last couple of years. Rent increases are manageable for someone like myself, but not for my elderly and lower income neighbors on fixed budgets whom we value as important members of our community. We're still reading all the pros and cons of the measure(s) here and here.

Of note, the LA Times has an endorsed a "No" while Debra J. Saunders of the SF Chronicle supports the ballot measure (a reader notes below the SF Chronicle's official position is "No"). Read both sides for yourself and help make the decision today, whichever side of the fence you stand on.