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I think there could be a middle ground: rent control that allows increases that average what the free market would follow (this can be determined by looking at
by Thorrez 6y ago
I think there could be a middle ground: rent control that allows increases that average what the free market would follow (this can be determined by looking at how rent is changing in non-rent-controlled apartments), or even a few percent higher than that. This will stop landlords from doing vicious increases, but also will prevent renters from acquiring absurdly low rents.
- refurb 6y agoThat would certainly be an improvement. Right now SF allows 60% of CPI, so less than inflation. The state-wide rent control allows CPI + 5% or 10%, whichever is lower, which doesn’t seem like much of a limit. Just increasing it to CPI in SF seems like an improvement. Even pensioners get CPI adjustments.