It’s a common complaint from renters that luxury housing construction—such as those fancy condos being built in Venice, Echo Park, and other neighborhoods—encourages landlords to raise rents on ordinary units. But that isn’t how housing markets work.
The truth is that landlords in LA can get away with raising rents year after year because renters vastly outnumber the amount of units available on the market. When housing is in short supply, landlords have all the power. Fewer units means higher prices, and that isn’t good for anyone except property owners.
Measure S would restrict new development and strip away the ability to add new homes, including affordable units, which would in turn give landlords greater leverage to raise rents and continue squeezing renters. Adding more housing units—even at the high end—takes away that leverage, forcing landlords to compete for tenants and helping to keep rents stable. In other hot real estate markets where the inventory of new market rate units is rising, rents are finally starting to stabilize or come down.
If you want to see rents stop climbing, vote no on Measure S. If you want to further enrich landlords and drive up rents even further, vote yes.
You can find more rebuttals to Measure S lies and misrepresentations below:
- Reality #1: Measure S would increase evictions
- Reality #2: Measure S would worsen traffic in Los Angeles
- Reality #3: Measure S would destroy more than 12,000 jobs a year
- Reality #4: Measure S wouldn’t affect campaign finance in LA
- Reality #5: The Measure S construction ban would raise your rent (you are here)
- Reality #6: Measure S would make a bad housing shortage even worse
- Reality #7: Measure S would intensify gentrification and displacement
- Reality #8: Measure S would stop wayyy more than 5% of new housing
- Reality #9: Measure S would even ban 100% affordable housing projects