Posted: April 16th, 2018
The data, downloadable in Excel format, allows tenants to compare their rent to their peers in similarly sized units using the sorting function. The data include a unit-by-unit breakdown with all rents, utilities, parking spaces, move-in dates and rate hikes. This information is publically available and is intended to help tenants make informed decisions as they navigate Santa Monica’s overheated real estate market. The information helps to level the playing field with your landlord who relies on the asymmetry of information (they know all the rents but you only know yours) to extract as much money as possible from you.