Meet Local Housing Providers – Nathan & Amanda

The proposed initiatives are a violation of our rights as property owners, put forth by a legislative body without adequate analysis and without Oakland’s future correctly considered.  Rent control and restricted evictions have done nothing to increase the supply of housing in Oakland.  In fact, rent control has only lead to less supply, greater economic disparity and higher asking rents.”

Name: Nathan & Amanda

How long have you owned rental property? 3 years

How many units do you own? 4 units in Adams Point

Owner/occupied? Yes

What do you like most about owning property in Oakland?  It is a great pride and joy to own property in my hometown.  Owning our property is a key to our plans, goals and future.  Amanda and I love Oakland, and Adams Point is our home.

How would you describe your relationship with your renters? The recent renters have been very friendly, respectful, and communicative.  We are on excellent terms. The long-term renters of 20 and 30 years generally act like they own the place, and seem to have trouble complying with any requests from their owner-neighbors.  Their approach seems to be based on an expectation of indefinite free reign on the property, to which they may have been previously accustomed.  Given their extremely low rents, based on 1987 and 1998 starting rents, it is very difficult to remain patient, but we must.

What concerns you most about the renter-proposed initiatives being considered in Oakland? They are a violation of our rights as property owners, put forth by a legislative body without adequate analysis and without Oakland’s future correctly considered.  Rent control and restricted evictions have done nothing to increase the supply of housing in Oakland.  In fact, rent control has only lead to less supply, greater economic disparity and higher asking rents.

What is the most difficult part about being a property owner in the city?  Choosing to buy, and then feeling that you are married to the property and can’t take the next steps, now heavily burdened by long-deferred repairs and upgrades; the feeling that you may have to sell and/or get out of Oakland because it is too expensive.