WEBVTT - Rush Limbaugh Oct 25, 2019

0:00:00.160 --> 0:00:03.920
<v Speaker 1>On Tuesday, the Los Angeles City Council voted unanimously to

0:00:04.000 --> 0:00:08.240
<v Speaker 1>stop landlords from evicting tenants for no reason. This emergency

0:00:08.240 --> 0:00:11.440
<v Speaker 1>measure will become l A law right away. L A

0:00:11.520 --> 0:00:15.080
<v Speaker 1>Democrats were mad that a bunch of landlords were kicking

0:00:15.120 --> 0:00:18.720
<v Speaker 1>too many tenants out under current no fault law. A

0:00:18.760 --> 0:00:21.880
<v Speaker 1>new state law goes into effect in January. It requires

0:00:21.960 --> 0:00:26.920
<v Speaker 1>landlords to have just cause in order to evict. California

0:00:27.000 --> 0:00:30.120
<v Speaker 1>landlords will also have to obey new rent control rules.

0:00:30.480 --> 0:00:35.520
<v Speaker 1>Rent increases will be kept. However, California Democrats decide landlords

0:00:35.560 --> 0:00:38.560
<v Speaker 1>were scrambling to make whatever changes they could while they

0:00:38.600 --> 0:00:42.440
<v Speaker 1>still maintain control of their own properties. But we can't

0:00:42.479 --> 0:00:45.839
<v Speaker 1>have that, so l A fast tracked their bill as

0:00:45.920 --> 0:00:49.239
<v Speaker 1>a stop gap. A rent relief measure is also being

0:00:49.320 --> 0:00:53.040
<v Speaker 1>drafted by l A Democrats that will prevent landlords from

0:00:53.159 --> 0:00:57.200
<v Speaker 1>evicting deadbeat tenants, people who don't pay the rent. They

0:00:57.200 --> 0:01:00.360
<v Speaker 1>say landlords are just greedy and they want to ouge

0:01:00.400 --> 0:01:04.160
<v Speaker 1>they're oppressed helpless tenants. If you put all this together,

0:01:04.560 --> 0:01:08.840
<v Speaker 1>there's only one conclusion. If you own investment property in California,

0:01:09.400 --> 0:01:11.360
<v Speaker 1>you may have worked hard to buy it. You may

0:01:11.400 --> 0:01:13.800
<v Speaker 1>have worked very hard to maintain it. But it isn't

0:01:13.800 --> 0:01:16.960
<v Speaker 1>your property. It belongs to the Democrat Party. You didn't

0:01:17.000 --> 0:01:20.280
<v Speaker 1>build it. The state government City of Los Angeles owns it.

0:01:20.600 --> 0:01:24.720
<v Speaker 1>You just occupy it. The tenants. They have all the power.

0:01:24.800 --> 0:01:26.760
<v Speaker 1>You have none. You have no voice, You have no

0:01:26.880 --> 0:01:29.080
<v Speaker 1>property to call your own, except on the deed