Rent control harms this city by its effects. Effects matter, intentions don't. The effect of rent control would be a shift from older multifamily units to new, expensive new developments that won't be affected by rent control measures. This rent control plan also will lead to a $1.5 million cost for residents. The vast majority of economists also warn against rent control. Please do not force rent control on this city.
Edit: I don't want Culver City to become New York or San Francisco. Rent control, not war, ruined Hanoi, Vietnam.