Katy Tang: Good
Peskin & Fowler: Bad
The U.S. Census reveals that, in fact, the actual median rent in San Francisco is much lower (around $1,600 at last count) than the figure the supervisors cite here, which is closer to the median market rent offered by landlords using online rental sites. (The main reason that the actual median rent is lower than the market rent is rent control, which applies to more than 60 percent of San Francisco renters.)
SF rent control has reduced the median rent from 4500 to 1600, that’s a 65% reduction