Landlords in Oakland, CA can no longer do criminal background checks. Here is why that is a stupid idea.
Yeah, sorry, spoiler alert – a city government did something stupid – shocker. This one is a big deal tho. It reveals not only the Oakland city councils hypocrisy but also their general stupidity on how to actually solve a problem. We are going to talk about this one today and bring up some very unpleasant facts.
For one thing, Oakland is basically asking landlords to flip a coin – you have a 50/50 chance that the person you rent to will commit a crime with this law. The really amazing part is that you are forced to be ignorant of that fact. Of course, my first opinion is that no government should be able to tell a land owner what they can or cannot do when it comes to renting their property. In this case tho, they are not even solving the problem they claim to be solving AND they are putting all the risk, cost and liability on the shoulders of landlords.
Links:
- Realtor Magazine – Oakland makes criminal background checks illegal
- LA Times -Despite an emphasis on inmate rehab, California recidivism rate is ‘stubbornly high’
- Homelessness among previously incarcerated
- Sacramento Real Estate Stats for Dec 2019
HELP THE SHOW GROW by filling out the audience demographic survey by clicking the button at the top of the page titled “Take the survey to support the show“. Follow the prompts and this will automatically enter you for a chance to win a $50 Amazon Gift card!
Interested in getting free content, advanced notice of upcoming events and real estate exclusives? Then simply join the Rebel Underground by texting the word ‘rebelbroker’ to 44222 – or click the button below. When prompted, text your email address and you are in!
SPONSOR
Audible.com – Audible is offering real estate realities listeners a free audiobook of your choice and a free 30-day trial membership. Just go to http://audibletrial.com/rebel and choose from over 180,000 audio programs – download a title free and start listening!
SUBSCRIBE TO AUDIBLE TODAY AND CLAIM YOUR FREE BOOK AND 30 DAY TRIAL!
#realestate,#investing,#realestateinvesting,#entrepreneur,#predictions, #2020,#Realty,#Realtor,#Realestateagent,#Homeforsale,#singlefamilyresidential,#oakland, #dumb,#landlord
