8 ms·
> An interesting article, but I don't agree with the author's conclusion that rent control is worse than the California-style alternative. Is San Francisco curr
by jordonwii 8y ago
> An interesting article, but I don't agree with the author's conclusion that rent control is worse than the California-style alternative. Is San Francisco currently better off than New York? No rent control there, and prices are even higher than NYC.
We have rent control on units occupied before Costa-Hawkins went into effect (1995 I believe). SF builds very very few units per year, so this covers a very high percentage of the units in the city.
- bsimpson 8y agoIt also depends on the ownership model of the property. If the landlord only owns a single unit (e.g. an individual condo in a building, or a single-family home), the financial aspect of rent control doesn't apply.