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This information is provided by the candidate
The Berkeley Rent Board exists to protect tenants from spiraling rent increases and unfair evictions. At the same time, property owners get a fair return for their investment since they can raise rents to market rates when old tenants leave. By enabling economically vulnerable renters to stay in their units, the Board promotes diversity and community stability in a way that is also fair to landlords. Rent control is a reasonable solution to the economic stress renters bear in the face of ever-escalating property values.
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