Measure K: A Deeply-Flawed Measure That Goes Too Far
In the November 5, 2024 election, voters will be asked whether or not to approve the following:
MEASURE K
CITY OF LARKSPUR
(read the full text of the initiative here)
Shall the proposed ordinance, prohibiting residential real property rental rate increases for some rental units that exceed sixty percent of the percentage increase in the Consumer Price Index or three percent, whichever is lower, defining a base rent for affected units as the rent in effect on August 3, 2022, establishing a process for consideration of additional rent increases, limiting the grounds for evicting tenants of some rental units, enacting additional housing regulations, be adopted?
As you prepare to vote on Measure K, get the facts before you cast your ballot:
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Measure K is complex, confusing, and misleading. The 47-page initiative is being pushed as a solution for housing affordability, but an independent impact study prepared for the City of Larkspur noted this measure is “not an affordable housing policy.”
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Larkspur has already passed local rent control and tenant protections ordinances stronger than state law – local ordinances that were the culmination of more than a year of public input from Larkspur renters, housing providers, City Hall, and other concerned citizens. Measure K, which is being proposed by an extreme political group without any substantive community engagement or input, is too extreme for Larkspur.
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Policies like Measure K do nothing to lower rents, create a single new unit of affordable housing, or address homelessness.
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Measure K could reduce property values and lead to a reduction in city funds due to the costs of administering this onerous and extreme measure, negatively impacting funding for schools and other essential services.
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According to an independent impact study prepared for City Hall, “several property owners have indicated they are or will be removing their single-family homes from the rental market” if Measure K passes.
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The “just cause” evictions provisions of Measure K could make it difficult to evict problem tenants, even in instances where neighboring tenants are negatively impacted by their neighbors’ bad behavior.
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