4 ms·
If you live in rent controlled housing in SF, your rent increases are gonna be a lot less than 10% a year. And you're unlikely to ever be evicted due to a house
by archagon 1y ago
If you live in rent controlled housing in SF, your rent increases are gonna be a lot less than 10% a year. And you're unlikely to ever be evicted due to a house sale.
During our last apartment search, it was not particularly difficult to find a rent controlled apartment.
I wish other cities would do the same thing.
- bombcar 1y agoRent controlled housing (depending on how implemented) can effectively create “land gentry” who have access to a valuable asset at below market prices that they can’t sell.
- archagon 1y agoNevertheless, I think it's unconscionable to let landlords arbitrarily increase rent and evict people at will. Rent control and increasing the housing supply should be orthogonal issues, more or less.
- gaws 1y ago> During our last apartment search, it was not particularly difficult to find a rent controlled apartment. They're not hard to find, but the competition is cutthroat, sometimes worse than among potential buyers bidding on a house.