четверг, 26 декабря 2013 г.

I purchased a small apartment building in the Mission about fifteen years ago with tenants under ren


Ellis Act evictions are on the rise and in the news almost daily  - so much so that Mission Supervisor David Campos dublin car rental and Mayor Ed Lee have been proposing legislation to either ban them or make them more expensive for landlords.
Here s the personal story of tenants in one ten-unit Mission property at 23rd and Florida facing an Ellis Act eviction. The tenants in one unit have been there for 46 years and pay $485 a month for a three-bedroom apartment. The owner of the building could not be reached for comment.
Yes, I d like to see more coverage of the landlords, who are often small mom n'pop landlords who bought dublin car rental a rental building for their retirement, and then find themselves trapped with aggressive tenants paying ridiculously dublin car rental low rents and constantly braying about their rights , backed by an entire symphony of activists, advocates, pro bono lawyers and opportunistic trouble-makers.
The Ellis Act exists dublin car rental to provide a path out of the forced dublin car rental servitude of landlords who find themselves with a life sentence of subsidizing a tenant determined to maximize their profit from a rent-controlled tenancy.
ML is jumping on the bandwagon here of evictions are bad but the truth is that they often necessary and good for the community, injecting much-needed flexibility and mobility into the populace, and encouraging more efficient and effective occupation of our existing housing stock.
My pet peeve is the highly paid tech workers who receive affordable dublin car rental housing dublin car rental benefits (rent control). There are quite a few of them hoarding apartments in the Mission. Rent control should be means tested.
That s ridiculous. Tech workers who RENT an apartment in the Mission are not hoarding dublin car rental them they re living dublin car rental in them, and paying a pretty penny to do so! Rent control dublin car rental is a year-based ordinance, not need-based never has been. It would be unfair to make rent control need-based, because it would mean that landlords would never rent to someone who needed it, therefore making it nearly impossible for middle- and lower-income people to find an apartment. You haven t thought this through. Also, it is a classist assertion to maintain that tech workers who presumably earn a decent living should be made to suffer for their successes by not having access to the same rights as everyone else. Rather than take something away from some of the people, why not try to make something new available to everyone, such as more housing being built at city-mandated lower rental rates? There are problems even with that plan, but at least you re offering dublin car rental something new, rather than taking away opportunities.
Seems to me that ML did give the landlord a chance to present their side of the story. Instead of stating their case though, the owner opted to remain silent, which is fine as that is their right. This has the effect of making it difficult to illustrate both sides of the issue within the context of this article.
Evictions, while sometimes being necessary, aren t always a good thing for the community. They are bad for the mom n pop landlords who feel they have no other recourse but to exit the rental business. They are also bad for displaced dublin car rental tenants who were well liked by other members of the neighborhood.
I agree. The landlords dublin car rental stand to gain nothing by talking to a media source (Mission Local) whose journalists have already decided which side they re on. Sadly, Mission Local is fanning the fires in a very dangerous way by insinuating with strongly dublin car rental slanted dublin car rental journalism that landlords are always the bad guy, and people who pay almost nothing in rent every month due to rent control are victims because someone decides to LEGALLY evict them (with a heavy bribe of $5K or more!). It s irresponsible, and Mission Local should really try to be more even-handed with their reporting.
If you want to get the gummint out of your hair and gut rent control, I suggest we really get gummint out of your hair, and eliminate dublin car rental your mortgage interest deductions, depreciation deductions, home buyer credits, gummint flood insurance, FHA mortgage insurance, Prop 13, Fed buying up to $85billion/ month of toxic MBS, and Fed-implemented artificially-low interest rates.
Yes, I am the person interviewed in this story. I gave a long interview going over the history of rent control in San Francisco and how it has driven rental housing providers out of business. dublin car rental I wish Mission Local would do a story about small landlords and how they are being driven out of business by rent control, specifically since 1994 when rent control was extended to owner-occupied 2-4 unit buildings. I don t like to see people displaced for no good reason any more than the next, but come on, this person has a 3 bedroom flat for $485 a month. How do they seriously expect any landlord to stay in business with rents at that level?!
I have actually done fine myself, but some of my neighbors have been stuck with low rent rent controlled tenants in their small buildings, tenants that often make more money and are wealthier than their landlord! I will give this reporter credit, she was very nice and did try to get a landlords slant on this story, something that is often completely lacking in most news outlets on this topic. The problem is any talk of making the rent control even a little more fair and evenhanded for owners is literally dublin car rental and figuratively dublin car rental shouted down by the tenant activists. I think three small changes could end most Ellis act evictions in SF. 1. Exempt small 2-4 owner-occupied buildings, 2. annual allowable of 100% of CPI rather than the current 60% and 3. Means testing to get wealthy dublin car rental tenants to stop hording rent controlled apartments as 2nd homes..
Actually no. Check with the rent board. Under the rent control laws in SF there is no legal way for a tenant to legally agree to pay more rent than is allowed under the law. Landlords have had to pay back tens of thousands of dollars to tenants for small illegal rent increases done by previous owners decades ago!
One time was when my tenants did not have the rent for the current month. dublin car rental I offered them a new lease at a higher rent, and which put the two 6.14 sub-tenants on the lease. I took advice and was told it would pass muster.
Of course, that s the entire problem here. Watch the video and the sense of entitlement that woman tenant has is stunning. She truly believes that she has some God-given right to rent a 3BR for less than $500 a month!
$485 is ridiculous and completely unsustainable, so I m not surprised dublin car rental the landlord has resorted to the Ellis Act. Why not offer to pay something more reasonable instead? Maybe the owner is open to compromise. Offering to pay even $2000 or $2500, which is still a *STEAL* for a 3BR, would probably go a long way for the landlord.
I don t see what the $485/month story proves. We don t know how much income dublin car rental that tenant earns, or how much the building owner receives in total rents from the building. Some buildings actually end up with a balanced dublin car rental representation of the city s income groups. Some don t (including newer buildings with apartments/condos that are all well over $2000/month). dublin car rental These renters are not why rents are out of control right now. It s because other renters coming into the city can and are willing to pay more. You heard a lot of anecdotes like this to support the repeal of rent control in NYC, and that has not made housing more affordable in Manhattan. And while rent control can have adverse affects, it is currently one of the few protections that working class (less than $50K year?) and poor have in SF, where supply restrictions dublin car rental and other constraints prevent a true and balanced market dublin car rental situation. And we re talking about housing, not the cost of a drink or a cab ride. Rent control is not ideal, but let s not rail against it unless/until we have a better solution in place (not just a hypo) for low and mid-income residents in the city. And why don t building owners dublin car rental push for a workable answer instead of more ways to get around rent protections?
Any and every law sets up some opportunities for abuse. Rent control has allowed some master tenants to sublet their units for a profit while their real landlord makes a loss. But I do not see you complaining about that.
Ellis is a safety valve to ensure that property owners are not permanently stiffed by tenants who stay far longer than any reasonable tenant ever should. dublin car rental If there is the odd problem here and there, so what? The justice that the law was intended to provide dublin car rental remains substantially valid.
I purchased a small apartment building in the Mission about fifteen years ago with tenants under rent control who had occupied their units for years. When one purchases rental property of any size in San Francisco, the purchase price is determined by a multiple of the total annual rents. Landlords who purchase a property with low rents pay a much lower price for their buildings. In addition, landlords who purchased dublin car rental property years ago paid a small fraction of today s multiples and prices. I paid less than $500K(!) for a gorgeous dublin car rental Mission building in the late 1990s, and although dublin car rental there are still rent controlled tenancies dating back to the eighties, dublin car rental the property has realized spectacular appreciation by any standards. Also, property dublin car rental tax in San Francisco is determined by the purchase price of a property and a small annual increase based on inflation. Long time landlords pay very low property taxes. The vast majority of landlords who cry foul about low rent units also fail to admit that all or many of their other units have turned over many times, and those units bring in high rents.
San Francisco Rent Control has been in effect for over thirty years. Every prospective landlord knew what they were getting in to at the time they purchased their property. dublin car rental If they purchased prior to that time, they could have sold out at the top of many markets. Landlords who complain about the deplorable dublin car rental rent control conditions they must operate under are disingenuous and greedy or worse.
In a way, I love rent control dublin car rental because it ge

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