San Francisco: Free Rent is Not Compassion, it’s Theft

San Francisco: Free Rent is Not Compassion, it’s Theft

Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 31k+ posts · 20k+ votes

San Francisco: Free Rent is Not Compassion, it’s Theft

San Francisco, California landlords are being told that “compassion” means letting tenants live for free while the owner still pays the mortgage, taxes, insurance, repairs, utilities, legal fees, and every other bill attached to the property. That is not compassion, that is forcing private investors to fund someone else’s housing problem. This is why more California investors are looking out of state to landlord-friendlier markets where the numbers actually make sense, the laws are more balanced, and rental property can still operate like a business instead of a charity.

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