3 ms·
I don't know what "artificial" is supposed to mean here. Landlords respond to incentives; if letting out a unit means they'll be stuck with a rent controlled te
by rendang 2y ago
I don't know what "artificial" is supposed to mean here. Landlords respond to incentives; if letting out a unit means they'll be stuck with a rent controlled tenant (or in the US, stuck with a tenant-favorable legal environment that will leave them on the hook for damages and missed rent) then the smart thing to do is STR or use the apartment as your own guest home etc.
- archagon 2y agoThe smart thing for the government to do would be to make sitting on rental property illegal. Without rent control, my friends and I could not afford to live in SF. It’s one of the only things keeping the city from being completely captured by the wealthy.