By Mayor Tom Butt,
Despite warnings that the suspension of the Rent Control Ordinance would motivate landlords to take advantage and spike rents, that has not occurred. Richmond rentals remain the best bargain in the inner Bay Area. They are significantly below Richmond’s nearest neighbor on the bay, El Cerrito, and have not risen as fast as Oakland, Berkeley or El Cerrito.
— This post first appeared in Mayor Tom Butt’s e-forum newsletter.