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by jjav 2474 days ago
Because it is hurting the would-be renter group even more?

I personally know two people who are renting rent-controlled apartments in SF and don't live in them. Their lives have moved elsewhere and they don't need the place anymore. One uses it as a weekend getaway and the other one visits rarely.

Thanks to rent control their rent is so cheap that it's worth hanging on to it even though they don't live there.

So these two units are off the rental market effectively forever, sitting empty most of the time.