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They found that while San Francisco's rent control laws benefited tenants who had rent controlled units, it also resulted in landlords removing 30% of the units in the study from the rental market, (by conversion to condos or TICs) which led to a 15% citywide decrease in total rental units, and a 7% increase in citywide rents.
Rent control laws define which rental units are affected, and may only cover larger complexes, or units older than a certain date. To attempt to not disincentivise investment in new housing stock, rent control laws often exempt new construction. For example, San Francisco's Rent Stabilization Ordinance exempts all units built after 1979. [63]
[39]: 7 [40]: 1 [41]: 1 A 2019 study found that San Francisco's rent control laws reduced tenant displacement from rent controlled units in the short-term, but resulted in landlords removing 30% of the rent controlled units from the rental market (by conversion to condos or TICs) which led to a 15% citywide decrease in total rental units, and a ...
While many cities in California raised rents to record-breaking highs in 2022, the state of California does have statewide rent control caps. City specific laws extend to cities in Northern and ...
In 2018, 2020, and 2024, the AHF spent tens of millions of dollars running ballot initiatives that would have repealed state-level rent control limitations and given California municipalities a ...
Assembly Bill 1482, or the Tenant Protection Act, limits when a landlord can raise a tenant’s rent and how much. State law says landlords cannot raise your rent more than 5% plus the percentage ...