Cap rent in California at 30% of tenants' net income

Recent signers:
Jarrod Brown Sr and 19 others have signed recently.

The Issue

Understanding the struggles faced by tenants like myself highlights an essential issue we must address. Currently, rent calculations based on a tenant's gross income, rather than their net income, place an unjust burden on many. Taxes and various deductions significantly reduce the net income, meaning renting costs can become unbearable. As a result, many people struggle to afford basic necessities after paying their rent, which should not be the case in today's economy.

The principle of affordable housing is that rent should not surpass 30% of a tenant's income. However, using gross income as the basis for this calculation creates a skewed interpretation of what is truly affordable. Net income provides a more accurate representation of an individual's actual financial situation, including the amount they have left after essential deductions.

The state's existing policies fail to consider various fiscal responsibilities and inevitable expenditures that every employed citizen faces. Thus, rent often leaves individuals with insufficient resources for essentials, like healthcare, education, and even good nutrition. Re-evaluating these calculations and capping rent at 30% of net income is not merely an adjustment—it's a necessity to bridge the affordable housing gap and promote fair living standards.

Empirical studies support this adjustment. The Urban Institute and Harvard's Joint Center for Housing Studies highlight that a significant portion of Californians experience housing cost burdens. Regulating rent based on net income would help prevent residents from being priced out of their neighborhoods, thus reducing economic stress.

By making this crucial change, we can foster inclusive growth and create thriving communities where individuals are not weighed down by the push and pull of unaffordable living complexities. Let us implore California lawmakers to reassess and set a just, reasonable standard that ensures rent costs are fair and sustainable. Sign this petition today to urge our representatives to push for a change towards a fairer rent calculation based on net income.

89

Recent signers:
Jarrod Brown Sr and 19 others have signed recently.

The Issue

Understanding the struggles faced by tenants like myself highlights an essential issue we must address. Currently, rent calculations based on a tenant's gross income, rather than their net income, place an unjust burden on many. Taxes and various deductions significantly reduce the net income, meaning renting costs can become unbearable. As a result, many people struggle to afford basic necessities after paying their rent, which should not be the case in today's economy.

The principle of affordable housing is that rent should not surpass 30% of a tenant's income. However, using gross income as the basis for this calculation creates a skewed interpretation of what is truly affordable. Net income provides a more accurate representation of an individual's actual financial situation, including the amount they have left after essential deductions.

The state's existing policies fail to consider various fiscal responsibilities and inevitable expenditures that every employed citizen faces. Thus, rent often leaves individuals with insufficient resources for essentials, like healthcare, education, and even good nutrition. Re-evaluating these calculations and capping rent at 30% of net income is not merely an adjustment—it's a necessity to bridge the affordable housing gap and promote fair living standards.

Empirical studies support this adjustment. The Urban Institute and Harvard's Joint Center for Housing Studies highlight that a significant portion of Californians experience housing cost burdens. Regulating rent based on net income would help prevent residents from being priced out of their neighborhoods, thus reducing economic stress.

By making this crucial change, we can foster inclusive growth and create thriving communities where individuals are not weighed down by the push and pull of unaffordable living complexities. Let us implore California lawmakers to reassess and set a just, reasonable standard that ensures rent costs are fair and sustainable. Sign this petition today to urge our representatives to push for a change towards a fairer rent calculation based on net income.

The Decision Makers

Gavin Newsom
California Governor
Scott Wiener
California State Senate - District 11
Catherine Stefani
California State Assembly - District 19

Supporter Voices

Petition Updates