Comment by ProllyInfamous

I have a friend that got a rent-controlled apartment, circa 2004, exactly one block from Dolores Park (SFbay hotspot). His rent remains under $2000 for a 3/1 apartment (he illegally sublets the other two for much more than this).

>Instead we should have the government own and supply below-market rents for people who need it.

Similar to a few school districts which have built teacher housing complexes; or like a few CostCo locations which have attached apartments, subsidized for employees.

----

My current living situation is as part-time property manager for a few slummier duplexes, on a street of two-dozen identical structures (only three separate humans own the entire street). Just a few years ago there were twice as many owners; happy to see rents cooling off after their overinvestment into an already-functional neighborhood.