The rent control machine
Brad W
72
Hello Brad. Thanks for sharing your story. Similar problems are seen in Sweden, which also has rent control and has been hit by a tech boom.
SF needs to build more houses at all income levels, not just at the bottom and not just at the top. But everything.
“Half a million are on the waiting list for rent-controlled flats in Stockholm, meaning a two-tier system, bribes and a thriving parallel market”
“With nearly half of all Stockholmers — about 500,000 people — in the queue, it can take 20 or 30 years to get to the top of the pile.”
The Guardian: Pitfalls of rent restraints: why Stockholm’s model has failed many