There is a definite need for change and the political will to bring it about. I foresee it as a gradual transition, like the fall of the Soviet Union, when the dysfunction becomes too painful all around.
San Francisco, CA (PRWEB)
September 29, 2017
On Thursday, October 12, attorney Steven Adair MacDonald, founder of Steven Adair MacDonald & Partners, P.C., will be speaking at the Hanson Bridgett LLP sponsored Real Estate Roundtable about the current dilemmas and the future of rent and eviction control law in San Francisco. The event takes place at 11:30 a.m. to 1 p.m. at The City Club of San Francisco, 155 Sansome Street, 9th Floor.
“I predict the demise of San Francisco’s strict form of rent and eviction controls,” said MacDonald, who has 35 years of experience representing both landlords and tenants. “With two levels of rents for residential tenants, that for long-term rent-controlled tenants and the much higher level for recent occupants, landlords are motivated to litigate against and even harass the lower-paying tenants until they leave. This creates a windfall for the owners.”
It also creates enormous suffering for the now displaced, usually low-income tenants who may need to move far away to find affordable housing due to the huge rent increase they would be faced with in San Francisco. Furthermore, many landlords have borne the brunt and enormous costs of tenant lawsuits for running afoul of the local regulations.
“There is a definite need for change and the political will to bring it about,” concluded MacDonald. “I foresee it as a gradual transition, like the fall of the Soviet Union, when the dysfunction becomes too painful all around.”
Registration for the Real Estate…