No, for some reason the payment for a low-income household is equal to the cut-off income for a low-income household I guess?
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There's still a CLIFF at $84K that hurts all 2-income households=MANY middle class tenants. SF is ground zero for rent-controlled LT tenants w/ afaik comp nowhere near those levels. We've watched devs/LLs exhaust tenants by slow-rolling projects. LT tenants in 2-families are at huge risk.
aug 28, 2025, 5:17 am • 0 0 • view
TBQH I am sure Scott knows his "vision" doesn't "pencil" w/o destroying 2-family rent-controlled housing in SF. And as I said, the new units the survivors return to "at the old rent + 5%(?)" will be smaller than what they left. eg 1100sf 2br --> 850sf 2br. "a home" is differentiable, not commodity
aug 28, 2025, 5:20 am • 0 0 • view
One more thing - many will make $180K this year and $0K next year. The country is collapsing even middle-income people are losing their jobs. Hell, there's a bunch of ppl on Bsky begging rent money. Shitty time to kick LT tenants out of housing for a "vision" driven by profit. Need more protections.
aug 28, 2025, 5:33 am • 0 0 • view