Journalist Josh Molina breaks down the controversy over the proposed rent control/stabilization ordinance leading up to Tuesday's Santa Barbara City Council meeting. Two members of the council, Wendy Santamaria and Kristen Sneddon have drafted a proposed ordinance and the council will decided whether to place the matter on an agenda for discussion/vote. The proposal calls for rents not to be increased more than 60% of CPI annually. Questions have also arisen over the proposal's transparency.
Check it out and follow Josh Molina @motownjoshnews and on YouTube, as well as Santabarbaratalks.com.