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re: San Francisco is officially the most expensive rental market in the country
Posted on 3/5/15 at 5:55 pm to HailHailtoMichigan!
Posted on 3/5/15 at 5:55 pm to HailHailtoMichigan!
quote:
Doesn't SF have rent control? How are prices ballooning upward if there was a cap on pricing?
Rent control causes prices to increase on the whole. Simple economics.
1
Posted on 3/5/15 at 6:10 pm to AnonymousTiger
quote:
Doesn't SF have rent control? How are prices ballooning upward if there was a cap on pricing?
Rent control causes prices to increase on the whole. Simple economics.
Right.
I don't know the SF rules on rent control. AFAIK, it doesn't mean all pre '79 units are rent-controlled, just a certain mandated portion. As Anonymous points out, rent control always makes the rest balloon in price. Always. Has to.
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