4 ms·
While you have personally are benefitted from SF's rent control laws be aware it has had many perverse effects: - Higher rents for everyone else, less affordab
by spikels 13y ago
While you have personally are benefitted from SF's rent control laws be aware it has had many perverse effects:
- Higher rents for everyone else, less affordability overall
- Reduced new constructions (even higher rents, fewer working class jobs)
- Increased vacancy (9.7% vacant [1])
- Reduced maintenance
- Lock-in (you move you lose)
- Endless litigation and political disputes
- Side effects (condos, TICs, Ellis Act, affordable housing)
[1] http://factfinder2.census.gov/bkmk/table/1.0/en/ACS/11_5YR/DP04/0400000US06|0500000US06075 http://factfinder2.census.gov/bkmk/table/1.0/en/ACS/11_5YR/D...
[2] https://en.wikipedia.org/wiki/Rent_control_in_the_United_States https://en.wikipedia.org/wiki/Rent_control_in_the_United_Sta...
[3] http://www.sfweekly.com/2000-08-09/news/the-case-for-ending-rent-control/ http://www.sfweekly.com/2000-08-09/news/the-case-for-ending-...
[4] http://www.nytimes.com/2012/02/17/us/san-francisco-rent-control-and-unintended-consequences.html?_r=0 http://www.nytimes.com/2012/02/17/us/san-francisco-rent-cont...
- abalone 13y agoYour citations don't actually establish your claims. In fact, the wikipedia article outlines many arguments in favor.