East Bay Times Letters to the Editor for June 9, 2022
I hope the Oakland City Council is aware of the law of unintended consequences. Last night, without analysis, they placed an arbitrary 3% cap on rent increases. What will be the consequences?
Also, property owners — even those who care about their residents — already squeezed by prices rising much more than 3%, will do less renovation and make the bare minimum in repairs. So — fewer appliances sold, fewer contractors hired … less sales tax revenue and less income for workers. Gun advocates never quote the full Second Amendment, only the last part: “the right of the people to keep and bear Arms, shall not be infringed.” In full the Second Amendment says, “A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.”
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