Stanford paper says rent control is driving up cost of housing in San Francisco

Re:Stanford paper says rent control is driving up cost of ho... by muzz on Tuesday January 09, 2018 @01:58PM (#16108718)

if they only increased it twice, then that's not due to rent control, which allowed for 8% each year (recently changed to 5%)

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Re:Stanford paper says rent control is driving up cost of ho... by spike021 on Tuesday January 09, 2018 @02:41PM (#16109169)

No. You misunderstand what I said.

My unit is rent-controlled. However, the owner of the building has only increased rent twice, both being the max they could under the rent control limit. They just haven't continually increased it on an annual basis because apparently they haven't needed to.

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Re:Stanford paper says rent control is driving up cost of ho... by muzz on Tuesday January 09, 2018 @04:22PM (#16110229)

so you're saying they "banked" the increase

still, an annualized 8% is quite a bit (over 5 years it would be 46%)

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Re:Stanford paper says rent control is driving up cost of ho... by spike021 on Tuesday January 09, 2018 @04:53PM (#16110510)

Yeah. I'm honestly very fortunate in my situation. Many low income families pay more and don't necessarily have rent control like I do.

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