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To: roadcat
There's got to be more to this story, unrevealed facts that need to be reported. San Francisco does have stringent rent control, and there are many limitations against landlords hiking rent. There was a recent similar story a couple months ago in SF. A huge rent increase was warranted because of major work done on a building. If major work was done on this building, the improvements that tenants would enjoy would warrant a rent increase.

You're correct about the stringent rent control, so I don't understand the HUGE hike. The guy MIGHT be running a business from where he is as well. We aren't hearing the entire story, I think.

9 posted on 06/26/2016 9:43:40 PM PDT by cloudmountain
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To: cloudmountain
You're correct about the stringent rent control, so I don't understand the HUGE hike.

Longtime Rent-Control Tenant Shocked to Discover $6,700 Rent Hike Is Totally Legal   .........another Frisco horror    :)


10 posted on 06/26/2016 9:52:27 PM PDT by 867V309 (It's over. It's over now.)
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To: cloudmountain

I haven’t seen anyone here discuss other factors like “what is the property tax situation on the property for the owner?” “What are the insurance costs?” “What are the licenses, fee and permit costs, if any?”

For $1800/month for a single tenant, SF property taxes could be even higher than that. The city beast MUST be fed you know.


19 posted on 06/27/2016 2:21:34 AM PDT by Gaffer
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