California Assemblymembers consider reversing a major barrier to expanding rent control in cities, such as San Francisco, where rents are rising much faster than most people can pay.
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Solutions for Affordability
The human drama unfolding with each testimony was the reality TV of a neighborhood and people in crisis. Evictions, all their money going to rent, feeling like strangers in their neighborhood, Latino culture and diversity draining out of the Mission, out of San Francisco.
The Bay Area desperately need money for affordable housing and there is a potential source of funding right in front of them. Rents in the San Francisco Bay Area are among the highest in the country. So let’s tax the rising rents that increase the need for affordable housing in the first place.
A record number of students are homeless.
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The economic reasons why this is a bad idea.
Writer P. Segal offers a solution to SF's housing crisis- filling vacant units with low rent tenants as a tax write-off.