3 ms·
Of course it is. It artificially limits supply due to long term rent squatters taking advantage of the system
by vinniejames 9y ago
Of course it is. It artificially limits supply due to long term rent squatters taking advantage of the system
- s73ver_ 9y agoWhat do you mean "squatters"? Presumably these are people who have been living there for a while, and are paying rent.
- cyberpunk0 9y agoAka people who lived there before the insane hikes in cost with rent control being the only thing keeping them from being forced out of their home due to greed-driven economic practices
- icelancer 9y ago>greed-driven economic practices AKA market rates.
- vinniejames 9y agoAs in, yes, people don't give up those leases. Instead they pass them on to friends, then friends of friends, etc long after they've left the city. Or worse use them as AirBnbs to make a killing
- 0wing 9y agoBuilding additional units (supply) in SF isn't being limited by the renters, it's zoning laws, prop 13, and NIMBYs.