3 ms·
75% of the rental stock in SF is rent-controlled! Yet the city is "unaffordable." There are no statistics on how many of those people make salaries that can aff
by dreamdu5t 12y ago
75% of the rental stock in SF is rent-controlled! Yet the city is "unaffordable." There are no statistics on how many of those people make salaries that can afford market rate... but in my experience as a property manager I more often than not saw people with totally middle-class jobs benefiting from it - not poor people.
Why should someone who banks 80k a year get to keep a $700 apartment in the Marina? That is the problem with rent control.