Maybe.
These 200 individuals get an advantage by wiping out millions in value from their landlord.
Boohoo. The building has been used for residential purposes prior to the laws allowing landlords to claim an exemption to rent control regulations, and all the Vulcan’s artists are doing is seeking to eliminate that exemption. If the building’s been used as a residence, and zoned as such, and the owner has advertised as such, well, it’s hard to claim it isn’t.
Doesn’t strike me as a solution that scales.
I don’t care. Perfect is the enemy of the good, and we neither need nor have time to wait for a perfect solution to this very real, immediate problem.
