2 ms·
I would also be careful about saying it 'works' for the renters. I know multiple people that are subleasing rent-controlled apartments in SF. The actual rente
by aeternus 8y ago
I would also be careful about saying it 'works' for the renters.
I know multiple people that are subleasing rent-controlled apartments in SF. The actual renter lives well outside of SF, and sublets the apartment at slightly below market. This works out for both the original renter and the new renter (who would not qualify for rent-control) so there is negative incentive to report.
In some cases, the renter can live off the delta in rent and 'invest' nothing but the security deposit. Risk of getting caught is minimal, and there is little paper-trail.
Interestingly, you now have two people / families rather than just one that is pro-rent control.