If you rent in a newer San Francisco building -- anything built since 1979 -- your landlords can raise your rent as much as they want. Supervisor Aaron Peskin says that means even people who can afford one of San Francisco's expensive new apartments may eventually be priced out.
"All of the big buildings that are being built today are not subject to rent control," says Peskin. "And, even if you're paying top dollar, the next year, your rent can be raised another thousand dollars a month. It's not equitable."
A 1995 state law bars cities from expanding their rent-control laws. But Peskin, moving forward with a proposal he made during his campaign for the District 3 seat on the Board of Supervisors, is exploring ways to expand rent control to newer buildings in the city.
Peskin says the situation in the city today "is not equitable. We have people who are in rent-control buildings and people who are not in rent-control buildings."
Peskin, who was sworn in as a supervisor last week, says he will ask the City Attorney's Office to study an idea he thinks will get around the state ban on extending rent control. He wants to explore the possibility of imposing controls on new developments for which the city has granted some "added benefit," such as adjustments in zoning to allow bigger or taller buildings than have previously existed at the sites.