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by archagon 314 days ago
If you live in rent controlled housing in SF, your rent increases are gonna be a lot less than 10% a year. And you're unlikely to ever be evicted due to a house sale.

During our last apartment search, it was not particularly difficult to find a rent controlled apartment.

I wish other cities would do the same thing.

2 comments

> During our last apartment search, it was not particularly difficult to find a rent controlled apartment.

They're not hard to find, but the competition is cutthroat, sometimes worse than among potential buyers bidding on a house.

Rent controlled housing (depending on how implemented) can effectively create “land gentry” who have access to a valuable asset at below market prices that they can’t sell.
Nevertheless, I think it's unconscionable to let landlords arbitrarily increase rent and evict people at will. Rent control and increasing the housing supply should be orthogonal issues, more or less.