Rent growth exceeded 6% over the past year in San Francisco, San Jose and Seattle....But household incomes have stagnated, resulting in a financial squeeze for a growing number of renters.
Wall Street Journal says:
Zumper crunched their numbers and found the rental increases weren't city wide since January 2013! Marina, SOMA, Dogpatch, Bernal Heights saw highest gains. But some places went down, contrary to popular belief.
Modern Luxury breaks down the cheapest and priciest rents around San Francisco: "According to a simple linear regression we ran, for every mile that you move away from San Francisco, you save $17 a month on rent."
Things Ain't Going Pretty for Jonathan Pretty! His Canada Landlord Cancels Lease...Because Jonathan is Gay!! That's Cold!
In Today's Episode of Crazy Things Rich White People Do: $2M Mansion in Marin Burns to The Ground The Day of Tenant Eviction! Arson or Coincidence?!
SF Video Flashback: 'Pushed Out For Profit' 1978 Film Depicts Battle Over Escalating Rents...Times Haven't Changed!
Mission Local recaps the documentary:
Imagine rents going up three, four, even seven times in a single year! This was the case for many Mission and San Francisco residents in 1978, the year before the Board of Supervisors approved rent control. Documentary film maker Charles Bolton and the production company Optic Nerve, now Ideas In Motion, caught the angst in “Pushed Out For Profit.” The film aired on KQED on Sept. 6, 1978.
Seems San Francisco has always been the battle ground for the have's and have-not's. Rising rent and real estate prices are as contentious now as they were then. Check out the cameo from Harvey Milk! Hop over to Mission Local to see 6 more quick clips.