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Rescooped by Phill Boersma from Legislation + Eviction Law News
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October trial set for challenge by landlords to SF eviction law

October trial set for challenge by landlords to SF eviction law | San Francisco Apartments | Scoop.it
The ordinance, which took effect in June, requires property owners to pay displaced tenants the difference between their current rent and the amount needed to rent a similar unit at market rates for two years. [...] property owners and the San Francisco Apartment Association argued in a suit filed last month that the new law conflicts with the Ellis Act and is an unconstitutional interference with property rights.

Via Bornstein Law & Bay Property Group
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Bornstein Law & Bay Property Group's curator insight, September 5, 2014 11:30 AM

A federal judge has scheduled a trial Oct. 6 on a challenge by landlords to San Francisco's ordinance that increases the amounts they must pay to tenants who are evicted when a landlord goes out of the rental business.

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Despite tight market, these San Francisco rents will still surprise you - SFGate (blog)

Despite tight market, these San Francisco rents will still surprise you - SFGate (blog) | San Francisco Apartments | Scoop.it
Despite tight market, these San Francisco rents will still surprise you
SFGate (blog)
A recent article on San Francisco's rental housing crisis got us wondering: how much does it cost these days in to rent a studio?
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High rents, low inventory push S.F. multifamily market to new heights

High rents, low inventory push S.F. multifamily market to new heights | San Francisco Apartments | Scoop.it
Apartment buildings in the Tenderloin are now worth more per square foot than multifamily properties in Marin, according to a recent report from Paragon Realty. Buildings with five or more units in...
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Campos Wants San Francisco to Regulate Tenant Buyouts by Landlords - KQED (blog)

Campos Wants San Francisco to Regulate Tenant Buyouts by Landlords - KQED (blog) | San Francisco Apartments | Scoop.it
KQED (blog)
Campos Wants San Francisco to Regulate Tenant Buyouts by Landlords
KQED (blog)
The San Francisco Apartment Association, which advocates on behalf of landlords, opposes the idea.
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Bay Area rents soar, despite increase in supply

Bay Area rents soar, despite increase in supply | San Francisco Apartments | Scoop.it
The cost of renting an apartment in the Bay Area continues to soar, despite a raft of new complexes coming onto the market. The average asking rent in the nine-county Bay Area hit $2,158 a month in...
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Apartment rents rise as incomes stagnate.

Apartment rents rise as incomes stagnate. | San Francisco Apartments | Scoop.it
Apartment landlords continued to push through hefty rent hikes in the second quarter, squeezing U.S. households that already are struggling financially after four years of steady increases.
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8 Story Mixed-Use Project Adds to SoMa Building Boom

8 Story Mixed-Use Project Adds to SoMa Building Boom | San Francisco Apartments | Scoop.it
The building boom in SoMa continues with a new project at 119 7th Street. Proposed is a new eight-story, 85' tall, residential...
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Airbnb's hidden impact on SF - San Francisco Chronicle

Airbnb's hidden impact on SF - San Francisco Chronicle | San Francisco Apartments | Scoop.it
Airbnb's hidden impact on SF
San Francisco Chronicle
Although the company refuses to release numbers, a data analysis commissioned by The Chronicle found almost 5,000 San Francisco homes, apartments, and private or shared rooms for rent via Airbnb.
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Everything is smart these days, why not Bay Area apartments? - San Francisco Business Times (blog)

Everything is smart these days, why not Bay Area apartments? - San Francisco Business Times (blog) | San Francisco Apartments | Scoop.it
Everything is smart these days, why not Bay Area apartments?
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A rare look at off-market sales

A rare look at off-market sales | San Francisco Apartments | Scoop.it
The average single-family home in San Francisco sold for 17% more in 2013 if it was marketed on the city's MLS rather than if it were sold "off market," according to a new report. The percentage narrows a bit for condos, which sold for 9% more on the MLS. The same report also fou
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New coalition opposes Chiu's Airbnb legislation UPDATED - San Francisco Bay Guardian

New coalition opposes Chiu's Airbnb legislation UPDATED - San Francisco Bay Guardian | San Francisco Apartments | Scoop.it
New coalition opposes Chiu's Airbnb legislation UPDATED
San Francisco Bay Guardian
SF-based Airbnb is the biggest facilitator of short-term apartment rentals in San Francisco, despite their illegality.
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S.F. ballot measure would severely limit short-term rentals

S.F. ballot measure would severely limit short-term rentals | San Francisco Apartments | Scoop.it

The group, which includes longtime housing activist Calvin Welch, public relations professional Dale Carlson, and former San Francisco Planning Commissioner Doug Engmann, is spearheading a measure in November to restrict people from renting their rooms or apartments to travelers via Airbnb, VRBO and similar sites. Whereas Chiu's legislation would legalize short-term rentals citywide, the ballot initiative would allow temporary rentals only in neighborhoods with commercial zoning.

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SF’s below-market-rate housing lottery is laborious process that leaves many behind

SF’s below-market-rate housing lottery is laborious process that leaves many behind | San Francisco Apartments | Scoop.it
A woman stands on stage in the auditorium at the San Francisco Main Library, reaches into a small box wrapped in gold aluminum foil, pulls... (The median rent of a two-bedroom apartment in San Francisco is $4,000...
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Landlords Say They’re Not to Blame for High Rents and Evictions

Landlords Say They’re Not to Blame for High Rents and Evictions | San Francisco Apartments | Scoop.it

Via Bornstein Law & Bay Property Group
Phill Boersma's insight:

If you want a crowd to turn against you, then just tell people you’re a landlord. In some circles, those who own property and rent to others rank near the top of regional public enemies, alongside tech workers, Dodger fans, and oh, I don’t know, people who kick puppies for fun.

But are landlords really to blame for soaring rents, increased evictions and the much-bemoaned changing culture of the Bay Area?

Without a doubt, they’re one of the big players at the table when we talk about increasing rents and evictions. But as a number of “Forum” commenters have pointed out, there are many factors that add to the problem of scarce, expensive housing, including the relatively small slice of land available for development in the inner Bay Area and the increased competition for housing as the regional economy improves.

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Bornstein Law & Bay Property Group's curator insight, August 11, 2014 7:55 PM

Some valid reasons why Landlords are having a challenging time also, in this peak market time period! 

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Inevitable Slowdown For S.F. Rents, Acceleration For The East Bay - SocketSite™

Inevitable Slowdown For S.F. Rents, Acceleration For The East Bay - SocketSite™ | San Francisco Apartments | Scoop.it
While the average asking rent for an apartment in San Francisco rose to $3,229 in the second quarter of 2014, up a little over 9 percent since the second quarter of 2013 and 45 percent over the past four years, the vacancy rate for large apartment...
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San Francisco Hits Million-Dollar Median Home Price, Just In Time For 'Million ... - SFist

San Francisco Hits Million-Dollar Median Home Price, Just In Time For 'Million ... - SFist | San Francisco Apartments | Scoop.it
San Francisco Hits Million-Dollar Median Home Price, Just In Time For 'Million ...
SFist
Let's start with apartment news!
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Reis: Apartment Vacancy Rate Unchanged - Business Insider

Reis: Apartment Vacancy Rate Unchanged - Business Insider | San Francisco Apartments | Scoop.it
firefighters water san francisco apartment bay bridge. REUTERS/Noah Berger. Tight supply across the housing market is keeping would-be buyers and renters on the sidelines. Those in the market have been paying up for ...
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Yelp, for apartment reviews: Swapt launches to hold your landlord ...

Yelp, for apartment reviews: Swapt launches to hold your landlord ... | San Francisco Apartments | Scoop.it
Having already surpassed Yelp's apartment review numbers in San Francisco, Washington, D.C., and New York City, it's clear that our method not only works well, but is well-liked by users.” Alongside its launch this month, ...
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S.F. Mayor Lee proposes compromise on affordable housing

S.F. Mayor Lee proposes compromise on affordable housing | San Francisco Apartments | Scoop.it
San Francisco voters will decide between competing affordable housing measures on the November ballot after Mayor Ed Lee on Tuesday entered the fray with a proposal to counter a measure advanced by affordable housing advocates. [...] those efforts could be hampered by a November ballot proposal from Supervisor Jane Kim to hold market-rate developers to rigorous and time-consuming scrutiny when the ratio of affordable housing in the development pipeline slips below the 30 percent threshold, his administration says. Kim and affordable housing proponents see her measure as a way to ensure more low-income housing gets built, but developers argue it would add both time and expense to new housing creation in one of the country's most expensive cities to build in.
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BeyondChron | SF Heading for Housing Civil War

BeyondChron | SF Heading for Housing Civil War | San Francisco Apartments | Scoop.it
Phill Boersma's insight:

There is a quiet war raging in San Francisco’s housing community. It concerns Supervisor Jane Kim’s proposal for a housing balance, a strategy designed to ensure that market-rate housing does not exceed 70% of the total housing built.

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As rents go sky-high, so do multifamily sales prices

As rents go sky-high, so do multifamily sales prices | San Francisco Apartments | Scoop.it
Anyone who lives in San Francisco (or has tried to) knows that a lack of inventory and ever-increasing demand are pushing rents to new heights. According to Trulia, rents in the city were up 17% in April compared to the same time last year, making S.F. the fourth-least affordable market in the c
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SF Now Only the Fourth Least Affordable Rental Market in US

SF Now Only the Fourth Least Affordable Rental Market in US | San Francisco Apartments | Scoop.it
After regularly topping the nation's most unaffordable housing charts, San Francisco has slipped to the fourth most unaffordable city in the US for renting according to a new analysis by... (Guess what?
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Protect the Ellis Act - an SFAA website

Protect the Ellis Act - an SFAA website | San Francisco Apartments | Scoop.it

Protect the Ellis ActA Landlord’s Ability to Exit the Rental Housing Business

In 1985, the State Legislature enacted the Ellis Act, which provides that no local government can compel a rental property owner to continue to offer their housing for rent. This law allows rental property owners to exit the business to avoid the potential for bankruptcy or to move into their own rental units.

Certain politicians and special Interest groups are gearing up to change the state Ellis Act and prevent rental property owners from selling their buildings, even if it means they go bankrupt. 


Via Bornstein Law & Bay Property Group
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Bornstein Law & Bay Property Group's curator insight, April 28, 2014 6:33 PM

Not black and white... learn more about the now controversial Ellis Act under review in California and San Francisco!