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I can't tell you how many people I know making very good money in tech and finance living in rent-controlled units paying ridiculously low rents in SF.
by lalala12399 10y ago
I can't tell you how many people I know making very good money in tech and finance living in rent-controlled units paying ridiculously low rents in SF.
- mountaineer22 10y agoI appreciate you telling us that you can't tell us (as much as everyone will appreciate this equally insightful comment).
- tymekpavel 10y agolalala12399 is using an idiom in the American English language.
- deleted 10y ago[deleted]
- long 10y agoWhat's an example ridiculously low rent?
- tamana 10y agoHow? They must be illegal since those aren't longtime residents.
- rconti 10y agoWhy, and does it matter? I have no idea how rent control works. Clearly it's a silly, broken idea, because, I, too, know people of people who have moved into rent-controlled units and benefited from it. Whether it's legal or not, well, who cares. It happens, and it points out why rent control is stupid.
- Decade 10y agoBy being in the business before this tech boom. Finance has been a major part of the San Francisco economy since the Gold Rush of 1849 (one of the 4 US Mints is here, one of the 12 Federal Reserve banks is here, and a bunch of other banks have important offices), and techies have been getting rich and moving here since at least when HP was founded, in 1939.