A San Francisco family was shocked when their new landlord nearly doubled their rent in spite of strict rent control laws, forcing them to move out. Rents are rising dramatically in the city amid the AI boost as critics say landlords are taking advantage of a clause exempting most single family homes and condos from rent control.
Wow, they had a 2-bedroom unit with a view of the Golden Gate Bridge and were only paying $3,695?
Right, and now it’s $7000. Absolutely insane.