Advice for San Francisco Newcomers: What’s “Rent Control?” It’s Something You Might Want – Not Now, But Next Year

Or not. It’s hard to say how much rent control would benefit you next year once your lease is up.

But these days, there’s a ton of SF newcomers who are just figuring out the big benefit of RC.

Check it:

“Unfortunately most residents can’t afford to stay longer that 1 year. We’ve been living at Argenta for 10 months and have been very happy with the apartment. But we began to suspect that things weren’t quite right with management shortly after moving in. People we met in the elevator, lobby and our floor were all saying the same thing — rent had been raised to ridiculous heights and they were moving out. Over the last 10 months we have watched many of the tenants on our floor leave because of the rent increase.”

So that’s what you get with your brand-new building – a huge rent increase after your first year.

Generally speaking, older buildings have rent control and newer buildings do not. One exception is federal land, like Treasure Island and The Presidio. In those places, you can live in an older building but still get with huge rent increases.

Of course, it always pays to check.

Here’s a test – can you tell which places are rent controlled?

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You see, it’s hard.

Choose wisely.

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