I am a renter, and thus depend on rent contol to keep my $1968 per month one bedroom plus office affordable. Still, I do see the issue from the property owner’s view, especially when a tenant has been sitting on a unit for decades, maybe paying $600 for something that’s now renting at 4 times that elsewhere. Both sides on the issue have a point: rent contol protects tenants; it also unfairly burdens owners with unprofitable rentals and drives new rental prices up as compensation.
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Prop 98 then, you’d think, would be getting a lot of political play in this city, since it aims to abolish rent control along with eminent domain. Curiously, the issue has had very little press. I’m not alone in noticing this: Socketsite posted a commenter’s blog recently saying very much the same thing:
i’m a little mystified that prop 98 is not getting more play in SF. prop 98 is the s...
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Oakland Price Reductions: Focus on Crocker HighlandsFrom: blog.redfin.com
Post Date: 2008-03-04 21:28:58
I’m really excited about one of Redfin’s new (relatively) features: mapping with big red lines, cool! Now my searches are much easier, being the visual person that I am. I’m a big fan of my neighbors to the west of the Lake and decided to check out what’s going on in the 94610 zip. The boundaries for Oakland’s 94610 go right around Lake Merritt, sprawl a bit north/west (Adams Point, Westlake) border on Piedmont Ave. (and some of Piedmont...
more Weekly News Round-UpFrom: blog.redfin.com
Post Date: 2008-03-05 08:01:17
Let’s start the morning off with two articles in yesterday’s SF Chron. There was a smallish sidebar mention on page D2 about in-house appraisers, “ Deal Bars Lenders from Using Own Appraisers .” Having worked for an independent real estate appraiser years ago, I never could understand the wisdom of allowing banks to have their own staff of appraisers. What better way to make a house appraise at a price conducive to a loan? A loan they will probably later sell anyway. ...
more Time to Relandscape?From: blog.redfin.com
Post Date: 2008-03-06 08:35:46
I know I’ve been thinking about it. In fact, I gave it so much thought that in December I dug out my folder of magazine and newspaper clippings on landscaping. I keep folders on ideas, furniture, design, and products that I hope to use some day—you know, the hopes and dreams kind of things like a Turbo Chef oven. That day has come for my front yard. You know what they say about curb appeal, and my suburban rancher could use some. My nephew has drawn up plans, which we will be implementi...
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