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by enahs-sf 1884 days ago
Even still, landlords fear legal repercussions so much that they're willing to let a lot slide. When I moved out of my SF apartment, a plant I had had damaged the floor and my landlord was willing to eat the cost provided we moved out swiftly. Replacing the floors probably set him back a couple grand, but evicting tenants could be far more expensive.
1 comments

From what I've seen of SF rentals and landlords, that's potentially the most money he had spent on maintenance & renovations in a decade, while collecting some of the most profitable rent in the country.
With a price to rent ratio of 53, San Francisco has the least profitable rent in the country.

https://smartasset.com/mortgage/price-to-rent-ratio-50-large...

Yes, if you bought today. What's the point of your post?
It makes intuitive sense for San Francisco to be "the most profitable rent in the country" as you claimed, but the surprising and counterintuitive truth is that it's the opposite.
Are you claiming that landlords who purchased property in SF 15+ years ago aren't making extremely high profits off rent?
The point is they could make even more by selling and using the money to buy in places with higher rent/buy ratio.

They've made more money from appreciation than from rising rents.