[Dee L Graber]

Dee L Graber

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Before you dig into this article, it helps to understand how bad the damage is from actual inflation in the San Francisco area (not the fraudulently low federal claim from the BLS of 1.5% or so). Per

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At #13, San Francisco has spent more years since 2012 with local inflation around 13% or so, excepting a couple of years around 12%. That helps put into perspective the city ordinance limiting rent increases that are indexed apparently to the bogus federal inflation rate. The burden that puts on landlords becomes much clearer, and helps explain their desperate use of the “Ellis Island eviction” method as the article explains.

http://www.businessinsider.com/san-francisco-housing-crisis-history-2017-7

Perhaps there are some lessons there for people either landlording or doing deals in other cities with such rent controls.

–Dee

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