SF Renters Say Non-Stop Renovations Amount to Eviction Harassment
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- Опубликовано: 8 май 2019
- More than 100 tenants of San Francisco's biggest landlord tell us they think he’s trying to annoy them into self-eviction. Susie Steimle reports. (5-9-19)
*A new type of tenant*
Yeah, the kind that overpay for basic housing.
Crismodin it's not overpriced.. it's just a limited resource...
The problem is that building rules limit high-rise apartment complexes.
Dont worry Bernie is going to change all that bullshit...if not him the next progressive.
@@Me-by8qi No there are tons of empty apartments and crap because they are owned by people who have many apartments.. and also... foreign investors have artificially inflated the whole u.s market..not just California but its particularly bad in cali..
JRLM for a progressive you’re blatantly xenophobic
@@b3at2 This is a normal thing in any market few empty apts wont cause it fact is they buy to use/rent/sell its not a malicious thing in fact it not only brings in "investment" that builds and puts homes on market. While it raises prices this increase desire for "local" people to invest and build and grow available housing as well. Ironically san francisco is least invested even with foreign stuff.
However you can actually find NUMEROUS documentarys and horror storys about developer buys empty building or plans to update it to a bigger building. Then city pretty much makes new development impossible. They put height restrictions density restrictions and the approval process takes over a decade even if you can fit your standards in that little box its a long time. Lets say you actually do it you built your place well you have to make a big chunk of it 1/10th market value for low income. (but since you had to pay market value for place makes it a much worse investment) Then things like obscenely strong renter protections aka long eviction battles little recourse to recover money when people damage property ect. Best segment I saw on it was a 2hr bit by john stossel it was pretty good followed story of a guy that wanted to help community. Think in end he either gave up or ended up being forced to sell to city for a loss.
While there is a few other dying citys like it that went down the same over regulation route. Essentially what happens is you don't want your suburb to become apt buildings so you pay off use your influence ect. Make your area restricted to a certain population density then you don't want view blocked boom same thing. And around and around it goes till pretty much town has to stand still. But you can blatantly see san franciscos flaws when looking at it compared to more successful ones look at median age of building san francisco its all about 50 to 100 years old very few new buildings. Look at others and its constantly being updated other places are tearing down decade old building to put up bigger.
Fact is economy structure everything is designed around continued growth san francisco hasn't grown in fact its only changes are within margin of error. Its not the evil capitalist or the evil chinese its not gentrification. Its that the city is stagnant for good chunk of a century your going to have problems. Bet if they removed most their road blocks and only started denying people building strip clubs next to schools noisy industrial next to houses ect aka only when reasonable instead of fighting for so many specific interest groups. Bet you would see enormous growth reduction in rent reduction in homeless increased wages as business could afford to move there all this I bet could be done in 10-15 years. But it wont instead they will keep appealing to specific groups and groups will roadblock progress and these problems will continue to escalate till the point they have to get bailed out by feds and feds force a change.
Born and raised in SF. A lot of landlords are slumlords.
San francisco is a slum, what do you expect?
@@philaitio9584 100% agree. It's a slum and a blight due to whiteys.
And I thought Oakland is bad
e james 5 grand a month no parking and shared bathroom down the hall yup it’s a slum
@thegaygaymerchannel
Well said!!
Landlords have been arrested over this in New York.
I hope they arrest that landlord dude mid techie rim-job
Each tenant gets $24000-$36000 per year of free rent by not paying market value. For those calling the landlord greedy answer this: Would you put up with being robbed each year????
Robbed? They came with the building. The law says they can pay the market rate when they moved in.
James Johnson they should be shot in the face with a shotgun at point blank range
@@kinnish5267 Looks to me like Veritas is doing very well here. If Veritas keeps getting 'robbed' why do they keep buying more buildings?
Lowest eviction cause they tenant is so harassed they leave on their own.
I say we limit the Chinese buying properties in the US. US citizens cant buy property in china so let's give them the same treatment.
With the pollution and the way the Chinese build up their buildings, no. Who wants to live in China when the government will probably just silence us.
Half of Central London is owned by Chinese and Russians.
@@lemming9984 same thing in nyc, interesting to know its happening somewhere else.
What if the ceo is the citizen of the U.S? Then wat u gonna say?
There should be a law in the US. Only a certain percentage of foreign nationals can buy land in each US state. When the percentage is reached, no more can buy for that year. And the percentage should be very low.
San Francisco is so dirty now. Who would want to pay 5.000.00 a month now when people are living on the streets for free right next to your apt buildings.
mago lago her point would have been better stated if she said move to the midwest and pay $600 a month
I was born and raised in So Calif . I had to move because i could not afford to stay. They need rent control. Yes i would had been living on the streets if i had not left Calif.
@@buffysmith4278 They have it its part of why almost all new development is halted and despite virtually zero population growth in san francisco. They haven't been able to catch up and create surplus despite having decades to do so. Because you have to pay market price for the property but then you have to rent 1/3 or 1/2 of it out at about 10% of market value thus no longer profitable.
People think landlords just collect cash and have it easy they have mortgage or large sum of money or both property taxes upkeep ect its expensive. Actually alot of people I have met with rental units didn't break even till about 30yrs into it. Thats in a good market but you have what I talked about in san fran but you also have things like obscene building code essentially if your changing much more than appearance be prepared for 10 yrs of a long legal fight to get it approved and tons of money down hole to do so. Investors see it as a loss and avoid it John Stossel actually followed a guy trying to add some housing and services to neighborhood using unused building it was a really good segment. But essentially they fought and fought think he either ended up giving up after years think city lowballed him and bought it knowing he couldn't do anything with it since they wouldn't approve it.
People who prefer some sort of actual indoor shelter?
@@buffysmith4278 me too
You know what will make our rents affordable. Prevent foreign investors from coming in. Produce local investors
-land is a precious limited resource. Why are we letting other countries to buy us out. There are many countries from Italian, Chinese, and many others buying up our land.
Land should be Available for United States residents so the poverty in our nation decreases and our citizens become stable. A community that is not stable will be a community that is eventually going to stay stuck in a cycle of poverty.
Regulations and laws to protect our citizens is the same thing as tariffs on foreign goods. Stop equating everything you all trolls hate as communism when you don’t understand what communism is.
But how is a law like that even legal lol.
@E just arbitrarily saying foreigners, or especially saying that chinese, can't invest in an american property market would prob be struck down by the courts. But idk I'm not a legal scholar. Maybe the gov and legal system has some mechanism to regulate foreign investment in America idk. They could have a vacancy tax tho that would limit the amount of investors who sit on their property and dont rent it out. But what we need in california is more housing. Part of the reason these homes are valued so high is the land prices are going up, bc there is not enough supply for every one who wants to live in the bay area. Yes investors are driving up property prices. Also the economy is overheated bc of the country's over spending and deficit. A lot of the problem is zoning, where the builders arent allowed to build high and density, parking minimums (not sure if that is applicable) and the fact that building luxury developments is more profitable than low income but market rate developments
It's called Capitalism. You can't have it both ways. You can't say yes to one part of it and say "but, but no" to the other.
MK... Why don't you invest?
@@jos1157
Only if some non Chinese equally greedy person sells everything.
Chinese real estate moguls behind all this? Say it isn’t so!
The Dollar Guy AMERICAN mogul, of Chinese descent. Cmon. Robocop wouldn’t approve. OCP, however...
The Dollar Guy no. It’s rising taxes and other expenses.
This is why I drive my 6000 SUX.
In order to stimulate the economy, the Democrats passed an expedited road to green card to anyone willing to “invest” in America with 1 million dollars. This did not exclude real estate. Talk about bad policies ruining America.
kitty chu citation?
For the past eight to ten years, renters in Canada have had to deal with the same thing. Apartment buildings and condos owned by overseas companies/people have been renovicting tenants who have lived in the same unit for years. They're getting tossed out on the street to try to find affordable housing. Meanwhile, the new owners will charge exorbitant rents to foreign students mainly from China, Korea or Japan whose parents can afford to pay. So it's not just in San Francisco, it's everywhere. Hope those two guys stand their ground, I wish them luck.
Yea I remember seeing a mini documentary on this where lots of Chinese riches would send their kids to study in places like Vancouver Canada.
Had a friend get first chance to bid on the apartment he lived in for years after they "converted" to condos. He bought a RV instead. Back then you could still find places to park without getting hassled...
@@juansolano240 Yep. Saw that at UCSD. Asian kids parked their RV's on Gillman with the chronic homeless RV owners...
And for the judge to ask for an amendment within 60 days the judge has been paid off trust me
You can bet the grifters at the building department are being greased.
There's a lot more being greased in that city. Lol
Palm Grease 🤓
Prevent foreigner Investors from purchasing these homes ‼️‼️‼️
That Impacts our economy, it would be in our best interest not too.
That's called discrimination is completely illegal. Also it won't stop the problem. It's not just... Lol everyone but Natives/Mexicans are foreigners. Lol
Back on track. I have had more than one greedy landlord. Not one of them were minorities they were white. Shit I had one had his other tenants harass me. They put food in cracks by my house. They would cut my power cord to my washer. Knock on all my windows when I'm alone. All because I pulled out the law. That he could not refuse to fix problems. Also he refused to spray for the bugs. He ordered to be there. It was me and my neighbor he did this to.
He got us out of the duplex. When the lease was up. My neighbor left beforehand. Although not because of him. She had an opening for a better place.
One of my landlords, tried to take the rent and still kick us out. Roommate tried killing himself. Which cause the landlord to have a problem with us. Even if the dude was gone.
I asked if we pay can we stay. He refused to answer that three times. So I didn't pay rent and left. He had already filed for the eviction. Long before our conversation.
Ooo the best one my first apartment. I paid their rent on time. I gave noticed. I was in the middle of moving everything. They locked me out, trashed the apartment, and took my stuff. I broke into my own apartment. Called the cops. They talked to the maintenance guy the maintenance guy told them. That the manager told him to break in.
I went up front the next day. She told me and the cops. she found the door open and, there was a syringe for drugs on the floor, by the front door.
She sat there saying everything was in the apartment. I yelled my shit is right behind you. Like that frame still has my picture in it.
White owners white manager. So yeah.
Even though everyone I've had a problem with is white. I will never say all whites are bad. Each origin has people that are dumb shitz and greedy little assholes.
Lady MF Unicorn no one has time to read that shit 😂
@@LadyMFUnicorn Wanna know an easy solution? I know u don't but it's simple sell ur Escalade and by ur own shit. Then nobody gets to tell u what to do.
@@satisfyinglook8291 positive impact
There's another word for this it's called gentrification.
After the BIG ONE your high priced properties wont be worth squat
With the quake proofing and retrofitting 😂 *MORON* ....
After or before?
Bluegill Phil we had the big one in 89. No need to worry
@@walkinwithjesus That person must not be from Cali. Its not like we have those types of earthquakes everyday.
@Velius Kain I suggest *YOU DO SOME RESEARCH MORON* 😂 . I work for a municipality in the engineering department 😂 gtfoh
Just pay the tenants to move out. Stop playing the game.
Where are these new millennial clientele getting money to afford to buy a house in SF cuz I’m doing things wrong then....
Melenials are pushing 40 now so some of them got good careers? The younger half are the ones that are not getting married right away and kinda changing the social landscape. But I dont kmow if theyd be real young tho? The guys hes renovicting arent exactly old themselves.
Genisis Armstrong that’s what I was thinking. These tenants look pretty young and in their prime. ✨✨✨
It's foreign 1% born on home plate investors or hedge funds. Thia country has sold us out but its happening in most major cities in this world.
Genisis Armstrong what im a millennial not even 30 yet lol 😂
Tens of thousands of rentable units in San Francisco are kept empty by owners who won't rent them out because of these rent control and renters rights laws. They don't want the headaches.
I think they use the for tax write offs so they can pay taxes at a lower rate or some scam.
@@Babu-kr3crThere's no tax break for leaving the unit unoccupied. They use the space for storage or a pool table, media room. home office etc.
@@milltonfreedman8674 If they are landlords and count it as a business loss, I think they can get into a lower tax bracket or something.
Right and because of government overreach there are less units on the market and rents stay higher.
I have a huge room in my house with a walkin closet. The only reason I dont rent it out it rent control and eviction protections. Its a bummer but i cant afford the risk.
If you OWN YOUR OWN HOME, you don’t have to complain about someone remodeling your home. If you don’t OWN YOUR OWN HOME, you have no right to to tell the true owner what he can, and can’t do.
It’s getting near impossible to OWN YOUR OWN HOME because of CORPORATE OWNED real estate. Rub two BRAIN CELLS together and you MIGHT get it.
He been in that apartment for 23 years? At some point he should of purchased some property , he would be rich right now
@Dio Black that doesn't look like what the guy is doing though. If he's really been living in that apartment for 23 years he's the idiot
I'd just sit in a bean bag chair eating cheetos naked and watch them work
You think the worker who has to feed his kids is going to care for that kind of shit. You will be targeting the wrong people. They are just workers who are trying to make a living and keep their minimum wage jobs.
You’ve ever played monopoly? How one when multiple players are in, rent is affordable . But as soon as a monopoly over a color property is completed it spikes sky high and bankrupts everyone. Sure, keep blaming rent control.
M K 😂🤣💯
People play thay game but don't adapt to it why? Lol
owning a couple of thousand of apartment units out of a city-wide stock of >200,000 units is a monopoly?
I was forced out of San Francisco in 1997. I had lived in my apartment for 16 years in Corona Heights. I now live in the midwest.
How?
That is happening everywhere here in Nashville they got $10 an hour jobs in $1,200 a month rent
Wow. How to move forward in life with that situation?
C J get roommates while you work and are in college
This is what the one percenters have planned all along. The largest transfer of wealth from the American poor and middle class to the top one percent of Americans.
@@1compaqedr8 get some job skills, cuz crying ain't working. Being poor is a choice.
BlairForce 1 I agree. A lot of people are learning programming at home by themselves.
Old tenants are getting squeezed out because the city won't build more. People in SF don't understand supply and demand ...
When the entire working class eventually move out of SF are the techies going to be teaching or serving or cleaning up shit? Smh
Daa Maa wanna see that happens.
Ah yes, the “free” market at work. This isn’t just happening in San Francisco. Uprising is inevitable at this rate.
yeah rent control is the free market? these freeloaders need to be thrown out of those apartments
High taxes, stupid zoning laws, prohibition of building vertical apartments etc... It is not the free markets fault, its actually the governments fault.
Rent control amounts to socialized housing at the expense of the landlord.
Just one. One huge earthquake to reset the cost of living in SF.
Kavika come on 1906
Trust they time will come, what’s going on in the Bay is nothing more than evilness and greed bottom line
I don't even live in S.F. and YT keeps recommending videos. It's interesting though because rent where I live ranges from $500 to about $900 to rent.
tommykimon there are people paying that for there car leases. People have gone nuts cost of living makes no sense . People forgot to just be simple everybody wants to live out of there means sad .
Holy shit that’s awesome?! where do you live
tommykimon wow here in California? I live here in Cali and it’s expensive no matter where you are
You prolly live in the high desert cus rent is bout that much
20 years from now your rent will be the same as ours. I live in NY and I used to rent a 2 bedroom apartment for $800 back in 2002. That same apartment goes for $2500 now.
If only he knew that “young techies” don’t wanna move to SF. People are going to Texas or to the East coast.
DeAndre Holland Who tf is moving to texas? People are populating Oregon and Washington and Colorado like nothing else..
Stop telling people to come to Texas 😩 it’s getting crazy here too
Facst
Dissenting Tirade Where that come from? I think he just misspelled facts...
Bailey Shaulis lol Texas is known for its affordability compared to other major cities. Yeah Portland is getting an influx of people too but Texas you can afford to buy a home there.
I’m from Nashville and nashvillians are moving to Portland, Seattle, and Colorado, really. Texas is getting traction though. New Yorkers, Californians, and Chicagoans drove up the cost of living in Nashville, TN, forcing the natives and young people to move out of the city.
That's why, I bought my house 20 year's ago... I got tired of greedy landlords...
@Dio Black ya your right! I don't live in crazy town!!!
I bought my home 20 yrs ago, too & paid it off 2 yrs ago. It's not a big house, but it's mine & no rent! My property tax is $13K a yr which beats 1K a month in rent!
pinkfreud62 don’t pay property taxes for a year and tell us if it’s truly yours.
@@ggotay5199 That's 4-D critical thinking, dude, she can't possibly understand that.
Each tenant gets $24000-$36000 per year of free rent by not paying market value. For those calling the landlord greedy answer this: Would you put up with being robbed each year???? Wanting fair market value is not greed
I was forced out of my San Francisco apartment in 1998 by a landlord using this exact tactic. So this isn't new.
I was forced out in 1997.
@@rodmcdonald4707 I was forced out in 1996.
I was forced out in 1995
Lol just replace that 4-story building with a 20-story high rise, and fill it with dorms and bunk beds.
This is why San Francisco can't control their rent prices. San Francisco NEEDS high-rises, which keeps people off the street, decreases rent costs for everybody, and allows money to be spent elsewhere. But they REFUSE to do that because of NIMBYism and local ordinances.
@@ValisFan3 yeah I agree. I am a yimby and I support sb 50 and ab 330 and other state measures that force cities to build the housing we need! There are problems with the whole YIMBY concept, we dont just need more luxury high end housing, which is what developers will build if we allow them, but it is also true that we need more housing overall. Housing is a tricky issue bc the market isn't as inclined to build market rate housing that is designed for low income cheap rentals. However we need more density and to allow more housing production overall and I'm proud of governor Newsom for what he's doing on that.
Andrew yang wants to loosen zoning legislation at a national level by tying federal funding to I believe something like housing production of localities. Elizabeth warren has something similar and wants to tackle segregation- dont understand fully but both sound good. Lol even Ben Carson wanted something like that in 2016 so I'm really hopeful that there will be some change at a state or national level that reduces their ability localities to limit housing production. It is also a problem that people are not used to density and transitioning from a model where we drive everywhere to one where there is more density and therefore less space to park cars will be an adjustment. need a public transit system that actually works to be able to do something like that. Also need to do in a way that doesnt make people feel like they're living in overcrowded noisy conditions so there needs to be green space and parks
The non stop renovations that harrass rent control tenants is a form of torture that should be made illegal.
what profession is paying enough to afford 5k a month rent?
Stem
tech workers/couples making 150k+ =60k for rent around 40% ish of take him salary
A profession that's bubble is due to burst. Remember all those MBA holders, and those fly by night brokers of the 80s? We'll see how long this takes from boom to bust!
@Letty Guerra it's like in the movie The Wedding Singer. Drew Barrymore ' s character Julia had a fiancee named Glen who was in the junk bonds and he had a huge house, etc. In reality, everyone involved with selling junk bonds got busted and landed in prison.
The Silicone Valley dot.coms. Where have you been ?
5000 dollars a month for an apartment??? That's absolutely ridiculous and disgusting!
@@haile819 you must be one of the slum lords or tax frauds depicted in the clip.. these "affordable housing apartments" are taxpayer funded. Am I getting an IRA after I file this year?
I gotta say this, no landlord or company should be allowed to own any more than 20 total apartments across the city, and of that, they must be in no more than 4 buildings total. No "corporation" or "mega-landlord" should control or manage these properties either. Rent control needs to change so that any building built BEFORE 2010 should be under rent control. Rent control attached to the person will automatically apply to ANY San Francisco RESIDENT who has resided verifiably in the city for more than 5 uninterrupted years, meaning no matter what building they move into, even if its a new luxury tower, long-term San Francisco residents are locked in as a person to take their rent control with them.
That's way too much to pay for rent!
Also, did you see any building permits? I saw unsafe conditions and no hard hats.
The solution is to Break up these predatory property management corporations
Omgosh no one should rent from these greedy crapheads
If they are remodeling your apartment they will be kicking you out
This is greed..... San Francisco is becoming unlivable
Honestly 1600-2500 can get you a 1-2 bedroom apartment in east bay , you can live in the bay not just in San Francisco
These greedy landlords have ruined SF.
5000 a month or more thats crazy
The landlords have every right to fix their property. These existing tenants are privileged.
$60,000 to rent.......wow where i live you can buy a small house for $ 40,000
This is why rent control doesn't work.
5000 a month? Jesus! That surpassed most places in Manhattan, NYC!
No more school books, we use that wood to build coffins.
- The Game
Welcome to the future!
This is absurd‼️
It’s a matter of time that this is gonna blow and create a catastrophic aftermath 😔
because of this democratic California.
So they deserve to stay in a place they can’t afford? They deserve to live in someone else’s property and not pay true market price? What a croc of shit. Feel terrible for the building owner.
If you can't afford to live in the city, the best course of action is to move to another area.
SF is causing the high rents due to restrictions on building, bureaucracy/red tape and the high cost to build(city fees)!
You're absolutely right. San Francisco needs to cut the red tape and bureaucracy. And give incentives to developers to build affordable housing.
So happy to hear these tenants had damages paid to them. Harrassment is wrong in any form.
That should be illegal. Doing that type of work in someones home. Not only is it inconsiderate but it's also unhealthy
Better than the landlord burning it to the ground..
🤔 Welp...
I retired from United Air Lines sold my house and left California because the taxes for the house were so high.. Rent taxes are just out of site in the Bay Area.. It's an all Greed bay area..
China town stays for the Asian elderly while he “renovates” the rest of the city for young Asian techies
Whoa thats some racist shit statement...
This is why most countries make it illegal for foreigners to own real estate.
@@fascistswan3470 I see that now and it's kinda scary
Rent control never increases the number of rentals ever😮.
First world problems. There are more complaints of landlords NOT fixing the building's problems. These people don't really know how much work it takes to maintain a home. There are always repairs to make.
PoodleScone come on u can’t be that naive
Every day? One week those workers were there 4 out of 5 days. Come ON!
@@mayhem6282 look up how long the average renovation takes in San Francisco. You are lucky if permits are issued in 1 year.
@@nightcoder2633 I used to live in a condo that had constant construction. SF has a stupid rule that any building over 50 years is considered historical. Work costs and time costs 4x compared to neighboring San Mateo County.
You wonder why soo many people are leaving california...
It's a beautiful place but you have to have a higher education to get a good job to live there. Otherwise, your stuck with roommates until your 80 😂🤷🏾♀️
@@genisisarmstrong5896 There are homeless people who were once big deals, gtfo of your bubble sometime.
That's shameful and should be against the law😩
Bro. That is the mafia.
C'mon 23 years in a rent-controlled apartment and you're complaining? Freeloaders like this are the problem.
Unfortunately for the tenants, this is legal according to the codes in SF. The city has taken many things away from landlords in the effort to skew the field and protect the tenants. In the process, they have skewed the balance of the relationships in many ways. So companies like Veritas hire good attorneys to nit pick the codes for any advantage they can get. In turn, the Tenants Union looks for ways to claim ‘abuse’.
But there is more. Continue reading...
It’s perfectly ok to renovate units. It’s an improvement and an upgrade that benefits both owner and tenant.
And construction does require some advance investigation. It’s that, or just give notice, come in and tear the place up, leaving the tenant to look for temporary housing. Of course, there is a line of reasonableness. Veritas seems to be pushing it. But expect them to have legal clout because they have money. And the codes are screwed up and vague on these things.
Although all landlords, and also all tenants , are good/normal...the big problem is that because the CITY mandated way too many things to owners (like how many people per bedroom, and allowing the tenant to bring in other tenants without the landlord’s permission), they caused all this. Not the property owners who pay taxes and insurance and bear the expense of maintenance and liability.
That is what’s going on below the surface of all this.
THE CITY SCREWED UP IN THEIR HASTE TO SKEW WHAT SHOULD BE A NORMAL RELATIONSHIP.
It wasn’t the owners or the tenants.
That said, these screwups caused tenants to commonly do things like illegally sublet rooms and basement units, to make money for themselves.... on the sneak. Sure, the rents are high. But again... that was caused by city hall and their stupid bias.
The taxes and insurance are so high that the owners either find ways around all this , or just get the hell out and buy in other areas. It’s basically greed all around. None of the 3 entities is innocent : tenant, owner, and city hall.
Consider that many landlords are NOT bad. Neither are all tenants. There are many good and normal relationships between owner and tenant in SF. There have been for decades. But lately, all this BS caused by the city’s constant greed for money, things like this video example have developed.
Unfortunately , what isn’t being told, is the abuse some tenants have caused for family properties, where the owners are actually very nice folks. Because of the codes, some tenants sublet, take advantage of loopholes the county has created that shouldn’t be there, have parties ad nauseum, or find some other ways to do things that are against the standard lease. It’s an entitlement issue. These things were rare, if ever, for decades before now. But the new influx of outsiders has created some of this, so that it is very common now.
So the landlord, rightfully, should be able to protect their interests and their property, in a normal world. These situations force them to hire a good attorney that knows the SF tenant codes very well, to find some relief from the illegal activity that is common with many of the tenants in SF today. Again- not all, But today.. many more, for sure. The tenants should realize that they don’t own the building. Especially when the landlord works with them and doesn’t do anything to abuse them. Most owners are like that, not like Veritas.
Veritas, and large commercial developers also have friends at the building department. I’ll stop there.
Don’t blame the normal owners. Blame city hall and these new greedy developers. The Tenant Union wants to make you think most landlords are evil. But that’s not the case. They should work more at weeding out the bad tenants that are taking advantage of the unfair codes.
I could give you stunning examples, but I think I have put some light on the extent of the problem.
Until the playing field is totally level, this crap will go on. And property owners will continue to sell and get the hell out of what was once a great city. All because they don’t want to hassle or deal with the problems and associated costs that city hall has created for them.
SF has been sold out for that big ‘city pension’ fund account. They’re screwing everybody.
Rikk Kazz upkeep on buildings 100+ years old pricy but upgrading an older unit is good for all
Dogsoldier 1950 yup. But I didn’t say I was against upgrades. Any smart owner knows that is good for their investment and is also a tax deduction.
Again,blame city hall for making it both difficult and expensive. They’re killing the city.
There are approximately 40,000 units empty due to owners being scared of the tenant protection laws. I know 3 houses sitting empty in SF because of this...family house that has been in the family a long time with a low tax bill...owners to afraid to get abused since it is multifamily.
wow, that sounds like the city should run those units then! they would have the most knowledge of current codes, be the most in touch with agencies for repairs, and know the reasonable value of the units so nobody gets price-gouged. Also that way the lower-income people and homeless of the city could be fast-tracked into good homes and tech bros would have less of a chance to cheat the system. You actually made a great case for MORE regulation, instead of less.
@@basilmemories do it on your dime. Let’s see it.
Nothing is free. Period. And maybe you can pay for tenant damage and illegal actions that cause unnecessary damage to someone else’s property. Are you prepared to do that and back up your smack?
Ownership of property is something you earn by hard work. Assuming you seem to just think you can nonchalantly hand it to someone is a bit naive and immature of how investment has always worked.
The City is NOT the one to say what an owner does. They rape properties with excessive fees, taxes, and general disregard for anything other than the city pension funds.
They have enough trouble taking care of common business, like crime, vapid drug use, homeless explosion, traffic control , and general lawlessness.
Take your entitled socialism elsewhere. It’s thinking like you are suggesting that is killing the city.
I don’t blame landlords selling there apartments, I’m getting out of the landlord business, that means one less rental on the market. These buildings need to be updated.
Who's Who Oregon just passed statewide rent control. The portland market, which is what I am intimately familiar with, about $5 billion dollars have left the multifamily market here since that was passed last fall. CAP rates have risen from about 5% to about 5.5%.
@@gregcarlson8438 that's a good thing.
Rod McDonald it is a good thing for current apartment buyers. It is a bad thing for tenants and apartment sellers.
This is not right.
Imagine someone coming into your house and breaking down walls for "practice".
I have found that having people occupy the apartments directly upstairs make noise in all hour of the night gets these people to move out.This whole rent control thing is just like the Soviet Union.We live in a capitalist country where markets dictate rates.This is cheating landlords of their return on investment.
Rent Control is un-American
The tenants wont win. All of the rules are to enter are being followed. These investment firms know how to avoid lawsuits.
These investment firms file lawsuits at the drop of a hat.
A Person Hmm...I don't know. As ridiculously tenant-friendly as SF is, I'd bet my money on the renters. Now if the lawsuit was SF tenants v. SF homeless, all bets are off.
A Person I hope you are right. The “problems” caused by this tenant’s greed is not something his landlord should worry about.
Those two guys better hope they don't come up murdered or missing
Stress kills.
@@quasimobius what does stress hav 2 do with it?? Its greed!
@@beautifulme5522 They can stress the tenants to death to get them out. Do try to read only what is written.
@@quasimobius thats what you should hav said.
That landlord is overstepping with the heavy renovations. Then again, why raise the rent too high when the money is lacking from the banks? I think the landlord is investing in his buildings as if the recession or depression never existed.
You chose to 1. rent not own and 2. to live in a hundred years old building.
Gentrification at its finest.
They don't care about the individual person, but the money they bring. If they find someone else with more money like they say out with the old in with the new model.
So....
3 years later, how the tables have turned. Landlords begging tenants to stay now. lol
Fingers crossed that there won't be a recession, or at the very least, their city is recession proof.
Good argument against renting. The renter always has a disadvantage vs. the landlord. Better to own your own home.
People who rent don't have control over their finances, typically live paycheck to paycheck, can't save enough for a down payment. Purchasing a home is cheaper than renting.
@@chechnya been renting since 1979 no debt. I don't own land, but I don't owe anything to anybody.
Mortgage means Death Trap in French.
Pay off that home, you still don't own it, but are responsible for gigantic taxes, and ALL the expenses a house entails.
Buying isn't always the best choice.
So there!
LoL have a great day ✌️❤️🤗👍
Better to be renting rich then house poor. I'd hate to have a mortgage and couldn't go out to dinner or anywhere else.
@@applesgarden7574 You've wasted thousands of dollars with nothing to show for it. Congrats.
@@chechnya thousands of dollars I didn't have in the first place that I would be paying massive interest trying to pay back.
Yes if I had a decent amount to put in & know I could pay it off and easily afford the taxes and repairs and upgrading it's a wise choice 👍
All you need is a paycheck coming in to get a mortgage loan. They really scam people who can't afford a home into buying one and then those people run up their credit cards and then lose a job and have a massive debt forever.
I owe nobody anything and that's worth Everything to me👍
Apartment complexes have been full since 2008, and it's sad to see the hurting people that have lost everything and still owe and now paying rent with me.
YASSSSSSS I’m so glad I moved
Stop being so whiny! No one owes you anything. Move where you can afford it. Plain and simple.
Yes actually they do, the owner has to honor the contract.... they can always renegotiate after the terms end, this is a shakedown and it's lazy and illegal.
How low can this owner go and so slimy of him to treat good tenants like that.
The Dodge to undermine rent control is the capital improvement provision used not to improve but to repair dilapidation from years of neglect. The rent control boards deny the appeals challenging the disguised repairs passed on as "improvements."
This doesn't make any sense. You're telling me that the landlord rather spend tens of thousands of dollars to annoy you rather than simply evicting you immediately.
There are laws that prevent the landlord from just evicting any rent controlled tenants, that's why they hope to harass with the construction and hope the tenant will move out on his/her own
They should sue,what a dreadful situation. Money b4 civility, compassion. Total harassment.
Just dont get it why people keep moving to these area snd are paying that kind money ,good luck
The last laugh on the landlord will be after a major earthquake and the damage from it will bankrupt every landlord that has found a way to evict or demoralize their tenants. I have no sympathy for any of them, what comes around goes around.
I doubt the landlord cares. The buildings are piles of crap with parasitic tenants in there. If and when they get the opportunity to rebuild, they will be able to rent at a higher rate. Also many of these buildings survived previous quakes, so even if a more severe quake happened, many tenants may be inclined to leave the area, allowing the landlord to kick out the rent controlled tenant.
Often times landlords are forced to sell its properties to another company because the city may have mandated the property to be proactively seismic retrofitted to meet current standards in which tha current landlord does not have the capital for such a project .
Maybe if cities like San Francisco eliminated onerous zoning ordinances that stifle new construction, then more people could afford to live there!
That's one of the biggest problems here, working to get permits.
So property owners can no longer do what they choose to do with their property? SMH
Foreigners shouldn't have property rights. Go back to israel
Why don't you just move to the city of Alameda CA across the bay. It's a lot cheaper than San Francisco.
Property owner has reach a new low as far as being a landlord. Such harassments would not be allowed in the state I live. This is a tenant friendly state. California/San Francisco seems to be a landlord friendly state if such constant invasions of a tenants legally rented apartment is allowed. Sounds like harassment to me.
What state are you in?
Buildings get old. Things stop working. They need to be repaired. Someone needs to pay for it. What should be done???
I think the tenants would have said something if something stopped working-The tenants never had any issues with that but the landlords are 'creating' problems'
@@nancyomalley9959 And what happens when they do? They get hit with an eviction notice.
@@natrixxvision6997 They're screwed!
@@nancyomalley9959 Well,....those kinds of retaliatory evictions are illegal and should be reported. But if there is a property in total disrepair and someone has a genuine interest in putting money into bringing it back to life, we shouldn’t try to stop them out of fear of “gentrification.” Otherwise NOTHING would get fixed.
I can't believe it. A place in San Francisco with no poop or homeless tents on the sidewalk . ...
These people are paying 10 percent of the rent that their apartments could make. And the landlords are bad.
The founding fathers of this country did not make it a war but they did warn about foreign ownership in America ! Americans need to change the law Seoul foreign ownership of property is forbidden ! And I have been saying it for over 20 years !
5000 a month that should be a crime. You can buy a really nice house for that.
He had no comment I bet he's a crook
I get the impression that these guys are going to end up living in tents
Maybe then they will be self sufficient. But I doubt it.
I want to go to that tenant's restaurant and force them to serve me @ a 4th of the cost and see how they like it.
Or they could honor the contract
@@blkbrdmntrvimes6438 well. Nothing in the contract says the landlord can't renovate. In fact the tenants been bitching about having to honor the contract by allowing renovations soooo...
The SF bay area exceeded its maximum population capacity years ago. As long as people continue to move here the cost of housing will continue to escalate.