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2018 Officers

George Rider
President

Renee Edly
President-Elect

Ben Leaskou
Treasurer

Heather Ozur
Secretary
2018 Board of Directors

Becky Bowles
Director

Stephen Burchard
Director

David Cantwell
Director

John 
Director

Morgan Janney
Director

Adree Rojas
Director

Tony Vaccaro
Director

Jim Webb
Director

James Ronald Whitney
Director

Lucio Bernal
Past President
Association Staff

Ann Ritchie
CEO

REALTOR.

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October 16, 2018

City of Palm Springs

Mayor and City Council

City Hall

3200 E. Tahquitz Canyon Way
Palm Springs, CA 92262

RE: October 17, 2018 Council Meeting Consent Calendar
Item 1. Resolution of Support for Proposition 10

Honorable Mayor Robert Moon and Members ofthe City Council:

On behalf of and homeowners in Palm Springs, we are respectfully
requesting Item 1. Resolution of Support for Proposition 10 be removed from the
Consent Calendar and that you not approve this Resolution. While Councilmember?s
Kors and Holstege intentions are understood, there will be unintended consequences
with supporting the Proposition.

Repeal of the Costa-Hawkins Rental Housing Act will worsen the housing crisis.
Support of Proposition 10 will send a message to Palm Springs homeowners that the
City will impose Rent Controls immediately. This will cause current landlords to act
on their own to either convert to vacation or seasonal rentals, sell their properties or
otherwise take their property offthe long-term rental market. Many ofthe landlords
in Palm Springs have just a few rental properties which they invested in for their
retirement. The passing ofthe Proposition will put their investments at risk.

This Proposition will also drive up rents, discourage new construction, decrease
home values, reduce available single-family rentals and force people out of their
homes. Government imposed rent control has never worked and it never will. We
have rent control with "Market Value Rentals.?

Sincerely,
Palm Springs Regional Association of Realtors?

  

President 20 8

4045 Ramon Road, Palm Springs, CA 92264

760-320-6885 760-308-6211 fax