Re:San Francisco, Silicon Valley rents plunge amid downturn
by triceratops on Monday June 01, 2020 @04:13PM
(#23383211)
"Rent control" has existed for nearly 50 years for property owners in California. It's called Prop 13. The current housing mess is a direct consequence of it
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Re:San Francisco, Silicon Valley rents plunge amid downturn
by dietr1ch on Tuesday June 02, 2020 @10:41PM
(#23399105)
Oh, so if you implement rent control on some irrelevant city it'll have the same effect than on the Bay Area?
Forgetting about all the high paying jobs around together with the restrictions for building sounds too convenient to blame it on rent control.