I had a friend that lived on Pine and Stockton in a rent controlled apartment. His rent was around $1400 a month for a 1 bedroom decent sized apartment (900 sq

I had a friend that lived on Pine and Stockton in a rent controlled apartment. His rent was around $1400 a month for a 1 bedroom decent sized apartment (900 sq ft). He moved out and the landlord immediately made some upgrades to the apartment and the next tenant living there was paying $3300 a month. It wasn't even feasible for my friend to move out and then move right back in to the same place he just left.