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Re:Rent control will make housing shortages worse? by deelowe on Thursday September 19, 2019 @10:52PM (#21022901)
Find me a landlord who doesn't support rent control and I'll show you one who doesn't currently own property in the area where it's being discussed. Rent control is a boon to landlords who can easily justify an 8% rent increase each year, because it's codified in law!
Re:Rent control will make housing shortages worse? by s1mon on Thursday September 19, 2019 @11:14PM (#21023026)
Landlords in SF hate rent control. The allowable increases don’t even cover inflation as far as I can tell. Any place where landlords will pay tenants $$$$$ to move out (at best) or burn their place down and keep it empty until they can rebuild as condos (at worst) is not a place where they like rent control. I benefit from rent control but it also locks me into an apartment. I’d love to move but it would cost 2-3x to get something equivalent which is market rate, let alone actually get a better place. We really need to build more housing and decent infrastructure like other world class cities.
Re:Rent control will make housing shortages worse? by deelowe on Thursday September 19, 2019 @11:29PM (#21023106)
That's because SF has lost their minds and capped it at 2.9%. Generally speaking, most places allow anywhere from 6-10% for increases.
Re:Rent control will make housing shortages worse? by asdff on Friday September 20, 2019 @04:31AM (#21024426)
In the rest of CA it's inflation+5%.