San Francisco Rent Control 101 - How Does Rent Control Impact Landlords скачать в хорошем качестве

San Francisco Rent Control 101 - How Does Rent Control Impact Landlords

http://www.gpmsf.com/rent-control-imp... Landlords in San Francisco face unique issues due to the restrictions placed on them by the San Francisco Residential Rent Stabilization and Arbitration Ordinance, or commonly known as the Rent Control Ordinance. The majority of tenants in San Francisco are covered by the Rent Control Ordinance which limits the amount that landlords can increase a tenant's rent each year and severely limits the landlord's ability to terminate a tenancy (there are other restrictions but for practical purposes these are the two big issues). The Rent Control Ordinance has changed the whole dynamics of the landlord -- tenant relationship. Instead of valuing long term tenants, most landlords would prefer to have their units turnover every few years because vacant units are not covered by the rent ordinance. The landlord has the opportunity to increase the rent to fair market value when the unit becomes vacant. The longer the tenant has been living in a unit the lower their rent will be compared to fair market value thus the less valuable that tenant will be to the landlord. Although rent controlled tenants enjoy lower rents, there are negatives for the tenant too under this system. Landlords are not likely to make unnecessary improvements to rent controlled units and oftentimes put off making