3 ms·
I'm not sure if disenfranchise is the right word to describe it, but rent control leads to the following, in SF at least: - Not caring about getting new housin
by ProfessorLayton 8y ago
I'm not sure if disenfranchise is the right word to describe it, but rent control leads to the following, in SF at least:
- Not caring about getting new housing built, because the tenant is under rent control, and their housing hasn't really gotten more expensive, not their problem etc.
- Not wanting new housing to be built because new housing is not subject to rent control — They'd rather keep the old units.
- New renters subsidizing old renters because landlords can't charge market rates to old tenants, creating a divide between old tenants and new ones.
- Creates a sort of class divide between the haves and have-nots, well off newcomers paying exorbitant prices vs. those less well off trying not to be gentrified away from "their" neighborhood. This is also a reason many oppose new housing in lower income neighborhoods (Mission, for example).
Taken together it is easy to see that policies like rent control make it difficult to organize behind a common interest (More, and cheaper housing for everyone) the way homeowners do (Keeping property values high).
I am not suggesting this is the only reason housing prices are extreme, but I do believe that if renters were more closely aligned in such a tenant city like SF, they could easily overpower NIMBYsm to achieve their interests. 60% of SF renters are under rent control [1]
[1] http://commissions.sfplanning.org/cpcpackets/2017‐007933CWP.pdf http://commissions.sfplanning.org/cpcpackets/2017‐007933CWP....