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Front Page

Jan. 4, 2002

Cash Cows?

Focus Column by Michael M. Berger - Santa Monica had a decent idea but had rotten execution. The city's Rent Control Board concluded that, as the security deposits tenants leave with their landlords are the property of the tenants, landlords ought to pay their tenants interest on the funds.

        By Michael M. Berger
        
        Santa Monica had a decent idea but had rotten execution. The city's Rent Control Board concluded that, as the security deposits tenants leave with their landlords are the property of the tenants, landlords ought to pay their tenants interest on the funds.
      ...

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