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Rent control spreads from pricey San Francisco to suburbs
Associated Press ^ | Apr 3, 2016 12:38 PM EDT | Janie Har

Posted on 04/03/2016 12:53:58 PM PDT by Olog-hai

Charles Edwards is a merry self-described hillbilly from Tennessee who knows much about Victorian-era railroads and not so much about political campaigning.

But this year, the 77-year-old retired city gardener will be knocking on doors in Alameda to persuade voters of this maritime city on San Francisco Bay to support a citizen initiative to cap rent increases. Last June, the rent on his one-bedroom flat increased 24 percent to $1,300, leaving him $289 a month for utilities, food and other expenses. […]

State legislation approved last week to raise the state’s minimum wage to $15 an hour by 2022 is expected to help tenants afford increasing rents, but can only do so much in a region where the median rent is $3,350, according to real estate data firm Zillow. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Culture/Society; Government; US: California
KEYWORDS: alameda; bayarea; rentcontrol; sanfrancisco
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To: Extremely Extreme Extremist

“You couldn’t pay me to live in CA.”

Good, we wouldn’t want you here at any price! Too many liberal idiots and Mexican illegals already. BTW, which would you be?


21 posted on 04/03/2016 1:41:13 PM PDT by vette6387 (Obama can go to hell!)
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To: Olog-hai

Well let’s see...his landlord is now going to have to pay his lawn care people $15 per hour and his sidewalk sweepers, and his touch up painters, and his cleanup people, and his handymen, and his 24 hour security staff....he is going to get his money from somewhere and it is from his renters....that’s how it works....everywhere.


22 posted on 04/03/2016 1:44:21 PM PDT by terycarl (COMMON SENSE PREVAILS OVER ALL)
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To: Iron Munro

Beat me to it.


23 posted on 04/03/2016 1:56:55 PM PDT by SaveFerris (Be a blessing to a stranger today for some have entertained angels unaware)
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To: 9YearLurker

For some, Sacramento is commuting distance.


24 posted on 04/03/2016 2:10:48 PM PDT by Domangart
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To: Olog-hai
State legislation approved last week to raise the state’s minimum wage to $15 an hour by 2022 is expected to help tenants afford increasing rents, but can only do so much in a region where the median rent is $3,350, according to real estate data firm Zillow. …

It will actually hurt existing tenants by allowing minimum wage workers to bid rents up.

This is found in the Economics 101 book that no liberal has ever read.

25 posted on 04/03/2016 2:22:31 PM PDT by CurlyDave
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To: I want the USA back

One problem is that since our government deliberately understates inflation (to reduce SS payments while hiding the disastrous extent of the economy), few people can afford to retire anymore. Here in the northeast, as people are forced to sell their homes upon retirement, you lose the natural neighborhood balance and end up with a situation where every home has schoolchildren in it (a tremendous cost to the municipality). People without children avoid buying homes and retain the freedom to flee high taxes and rents; to compensate school taxes would have to rise to $20K per home (and that is impossible to collect with our current McJob economy).


26 posted on 04/03/2016 2:36:40 PM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: Olog-hai

Meanwhile, 100 miles away in the Sacramento area you can rent an entire house with a yard for half the median Bay Area rent.


27 posted on 04/03/2016 2:54:19 PM PDT by Hugin (Conservatism without Nationalism is a fraud.)
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To: Hugin
Meanwhile, 100 miles away in the Sacramento area you can rent an entire house with a yard for half the median Bay Area rent.

It's that way in NYC as well. I live 70 miles from Manhattan as the crow flies and I have four acres of land and a 3,000 sq. ft. house. Getting the same on Manhattan would require more money than Donald Trump.

So I don't complain that much about the commute!

28 posted on 04/03/2016 2:58:51 PM PDT by SamAdams76 (Delegates So Far: Trump (736); Cruz (463); Rubio (171); Kasich (143)
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To: glorgau

True that.


29 posted on 04/03/2016 3:37:45 PM PDT by Nifster (I see puppy dogs in the clouds)
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To: 9YearLurker

No it isn’t. Even by that definition Alameda is a suburb of Oakland


30 posted on 04/03/2016 3:39:03 PM PDT by Nifster (I see puppy dogs in the clouds)
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To: 9YearLurker

By your logic all of the Bay Area would be a suburb of San Jose


31 posted on 04/03/2016 3:39:56 PM PDT by Nifster (I see puppy dogs in the clouds)
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To: Nifster

Keep trying.


32 posted on 04/03/2016 4:12:51 PM PDT by 9YearLurker
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To: 9YearLurker

Do you live in the Bay Area? If you do you show a lack of understanding


33 posted on 04/03/2016 4:16:40 PM PDT by Nifster (I see puppy dogs in the clouds)
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To: vette6387
BTW, which would you be?

I wouldn't be either of those groups you mentioned. If I was, I'd already be living in CA.

34 posted on 04/03/2016 5:27:32 PM PDT by Extremely Extreme Extremist (Rafael Cruz: Canadian-born, Cuban ancestry, ineligible for POTUS)
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To: Nifster

#30 Alameda is whare the nukear wessels are.......
https://www.youtube.com/watch?v=MdSJFrhb-HM


35 posted on 04/03/2016 9:06:10 PM PDT by minnesota_bound
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