While you have personally are benefitted from SF's rent control laws be aware it... | Hacker News

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spikels on June 16, 2013 | parent | context | favorite | on: San Francisco

While you have personally are benefitted from SF's rent control laws be aware it has had many perverse effects:

- Higher rents for everyone else, less affordability overall

- Reduced new constructions (even higher rents, fewer working class jobs)

- Increased vacancy (9.7% vacant [1])

- Reduced maintenance

- Lock-in (you move you lose)

- Endless litigation and political disputes

- Side effects (condos, TICs, Ellis Act, affordable housing)

[1] http://factfinder2.census.gov/bkmk/table/1.0/en/ACS/11_5YR/D...

[2] https://en.wikipedia.org/wiki/Rent_control_in_the_United_Sta...

[3] http://www.sfweekly.com/2000-08-09/news/the-case-for-ending-...

[4] http://www.nytimes.com/2012/02/17/us/san-francisco-rent-cont...

abalone on June 17, 2013 [–]

Your citations don't actually establish your claims. In fact, the wikipedia article outlines many arguments in favor.

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