Ryan LeBlanc 
Member since Nov 2, 2016


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Re: “Tenant Activists in Alameda Test Progressive Rent-Control Waters with Measure M1

"limiting an owner to get a fair return on their investment."

That's just it. It's not merely an investment. It's my home. It's where I raise my kids. You want an unregulated investment, get into a hedge fund. You want to make money on residential real estate, you should have to negotiate tough regulations because your investment is providing a basic need to actual people. Regulations too tough for you? Good. More housing stock for those of us who want to buy an actual roof over our head and not just some investment to cash in on when a boom hits.

Who exactly determines what "fair" is? Rents have skyrocketed in the bay area 20 to 50% in the last 5 years. That's fair? So any time my landlord feels they need more money, they can just hit me up for it? That's what you call a racket. Alameda landlords are a mafia. Straight up.

Posted by Ryan LeBlanc on 11/02/2016 at 1:53 PM

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