4 ms·
75% of SF rental units are rent controlled.
by nerfhammer 8y ago
75% of SF rental units are rent controlled.
- ProfessorLayton 8y agoIts still difficult to understand, even if one is under rent control, it is still beneficial to push for more housing units. Additionally, single family homes do not fall under rent control in Alameda County, where nearly half of the housing units are rentals.
- erehweb 8y agoProblem is that if there's more development, you may end up being forced out of your rent-controlled place to make way for a bigger building.
- nerfhammer 8y agoHow is it beneficial? It removes the vast majority of the benefit at the very least
- conanbatt 8y ago75%?? source? That sounds like too much.
- nerfhammer 8y agothis source claims 72% is more accurate: https://www.quora.com/What-percentage-of-San-Francisco-apartments-are-under-rent-control https://www.quora.com/What-percentage-of-San-Francisco-apart...
- conanbatt 8y agoWow this law is so ridiculous, it basically applies to most the stock. I don't think most people enjoy this benefit of rent control, it wouldn't make sense to rent out properties. I wonder what is the effective rent control rate (that which has affected price significantly). Maybe a rental turnover rate would hint at a solution.
- csisvunit 8y agorent control is what's keeping san francisco, barely, san francisco. it isnt going away. its also whats keeping my landlord from doubling my rent, thank you very much.
- nerfhammer 8y agoCongratulations, you've got a new kind of arbitrarily allocated ownership.
- conanbatt 8y agoPeople that don't have (effective) rent control do not feel the way you do.
- davidsawyer 8y agoMaybe this is what is being referenced: https://www.quora.com/What-percentage-of-San-Francisco-apartments-are-under-rent-control https://www.quora.com/What-percentage-of-San-Francisco-apart... Though, I don't think this is "rent control" in the NYC sense of the term where rents are kept way under market rate. Rather, it seems to be a set of ordinances around what landlords can and can't do, largely pertaining to rent increases: http://sfrb.org/rent-ordinance http://sfrb.org/rent-ordinance
- pmiller2 8y agoIn NYC terms, I believe "rent control" in SF is more akin to "rent stabilization."
- eli_gottlieb 8y agoAnd it's illegal to put new construction under rent control, thus incentivizing everyone with a rent-controlled apartment to become a bloody NIMBY.
- kolpa 8y agoNIMBY is the state of nature. Biased rent-control disincentivizes YIMBY