Re:California Approves Statewide Rent Control
by mlyle on Thursday September 12, 2019 @02:40AM
(#20948656)
SF already has rent control, which limits most landlords to increasing rent at 60% of inflation.
Needless to say, costs are increasing faster than 60% of inflation... In turn, landlords are only willing to write leases at very high prices and the supply of rental units is even lower than it would be otherwise...
Needless to say, costs are increasing faster than 60% of inflation... In turn, landlords are only willing to write leases at very high prices and the supply of rental units is even lower than it would be otherwise...