4 ms·
In SF, it's clear that people WITH rent control get lower rents. Rent control makes it very very expensive to change apartments (since you lose your locked in r
by milesskorpen 11y ago
In SF, it's clear that people WITH rent control get lower rents. Rent control makes it very very expensive to change apartments (since you lose your locked in rate), and since causes even less supply (due to low liquidity of apartment stock), rents for apartments that are newly on the market are likely a lot higher.
That does not necessarily change the city's average rent.
- pgeorgi 11y agoWe already have that kind of rent control (where you're already living in an apartment) in all of Germany and it works reasonably well. The new rule is supposed to slow down rent increases in new contracts.