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In San Francisco, the rent increase is also capped, oftentimes less than the amount that property taxes are increased under prop 13.
by Sanddancer 12y ago
In San Francisco, the rent increase is also capped, oftentimes less than the amount that property taxes are increased under prop 13.
- cowsandmilk 12y agorent increases are almost always less than prop 13 increases. prop 13 increases are capped at 2%. In the last decade, only once was rent control greater than 2% and once it was 2%. The other 8 years, it has been less, including 0.1% one year. http://sfrb.org/Modules/ShowDocument.aspx?documentid=1939 http://sfrb.org/Modules/ShowDocument.aspx?documentid=1939