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Rent control laws define which rental units are affected, and may only cover larger complexes, or units older than a certain date. To attempt to not disincentivise investment in new housing stock, rent control laws often exempt new construction. For example, San Francisco's Rent Stabilization Ordinance exempts all units built after 1979. [63]
An example of such city intent is San Francisco's Residential Rent Stabilization and Arbitration Ordinance (SFRO), enacted in 1979 as an emergency ordinance amending the San Francisco Administrative Code. It found that, in the face of tight markets and significant rental increases prior to rent control, "some tenants attempt to pay requested ...
[39]: 7 [40]: 1 [41]: 1 A 2019 study found that San Francisco's rent control laws reduced tenant displacement from rent controlled units in the short-term, but resulted in landlords removing 30% of the rent controlled units from the rental market (by conversion to condos or TICs) which led to a 15% citywide decrease in total rental units, and a ...
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While the city's rent stabilization ordinance limits annual rent increases for a tenant — usually to 3% or 4% — it does not mandate rent be affordable. Landlords can also set the rent wherever ...
Alex Sinclair owns the Willow on the Green, a British fine foods and cheese store located in San Francisco’s Inner Sunset district. He told ABC7 that his landlord hasn’t increased the rent ...
The San Francisco Rent Ordinance imposed rent control and eviction protection on residential units built before June 13, 1979. [27] A 2019 study has estimated that rent control has "reduced the supply of available rental housing by 15 percent" which "increased rents in the long run." [28]
The county first adopted a rent stabilization ordinance in November 2019. That ordinance used a calculation based on inflation to determine the maximum amount a landlord could raise the rent. The ...