San Francisco Landlord Tells Tenants: Make $100K, Have 725 Credit Score

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    May 08, 2014 3:01 AM GMT
    what the fuck is going on here in SF? silicon valley workers pushing out regular folks? rude icon_twisted.gif

    100k salary to live in a building like that? icon_lol.gif

    http://abcnews.go.com/Business/san-francisco-landlord-tells-tenants-make-100k/story?id=23611110



    ABC US News | ABC Business News
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    May 08, 2014 3:08 AM GMT
    They need to create a new law to protect these people. That's immoral.
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    May 08, 2014 3:13 AM GMT
    You peons making under $100K are annoying and irrelevant.
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    May 08, 2014 3:17 AM GMT
    Scruffypup saidThey need to create a new law to protect these people. That's immoral.


    The city does have rent control but that only applies when first moving in and existing tenants. Maybe this landlord is preparing to increase the rent to outrageous amounts for new tenants, he cant get by the rent control board, I am sure silicon valley workers are the targets for new tenants. This is the famous Haight/Ashbury district, I guess San Francisco's 'Beverly Hills'? Looks kind of dumpy to me icon_mad.gif
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    May 08, 2014 3:20 AM GMT
    Lumpyoatmeal saidYou peons making under $100K are annoying and irrelevant.


    greedy, blood sucking landlord, where is the rooftop pool? I pay $5k a month rent and no pool? icon_twisted.gif
  • roadbikeRob

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    May 10, 2014 6:38 PM GMT
    San Francisco is going to be the future home of the wealthiest of the wealthy. Everyone else is going to have to live either in Oakland and the East Bay or in suburban San Mateo County. I have heard that San Jose is also getting outrageously expensive as well. That is going to eventually cause San Mateo County to get very expensive since it is sandwiched between San Francisco and San Jose.
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    May 10, 2014 6:46 PM GMT
    serious
    having >$100K/yr & a 800 score would you want to live there?

    For your rent what type of junk would you receive? The land lord is doing you a service by asserting; dont go there.
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    May 10, 2014 7:41 PM GMT
    southbeach1500 said
    Scruffypup saidThey need to create a new law to protect these people. That's immoral.


    Yes, a new law along the lines of "Anything you earn over $75,000 will be confiscated by the State of California. All investment and bank accounts valued more than $25,000 will have any amounts over $25,000 confiscated by the State of California."

    We can call it the State of California Income Equality Act.

    Once we have income equality, all prices will need to respond to the market and goods, services and housing costs will become affordable.






    That's not what I said at all you moron.
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    May 11, 2014 3:07 AM GMT
    It should be made clear, this person's actions were in violation of many laws and caused quite a stir here in SF. This was not the norm nor was it embraced by anyone (to my knowledge) in the City.

    Also, the landlord has since notified all of the tenants indicating that he was wrong and that he was sorry for all the issues he created.

    Rent control is a two edge sword here, as I've indicated in other postings. Landlords know they can get significant increases in rent if the current tenants left. The tenants realize they have it good if they keep the unit. Some tenants also violate laws by hanging on to the places and subleasing them to others. It's all very difficult due to the commanding demand and the small inventory of rentals.
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    May 11, 2014 8:49 AM GMT
    southbeach1500 saidAt a certain point, you've made enough money.

    Now that I'm retired and making under $50K I think everyone should be limited to that. But that ceiling will need to be adjusted upward when I start collecting social security at 70 or whenever.

    This will prevent foolish people with too much disposable income from spending it frivolously on things like iPhones and iPads; the more cost competitive Android ones will do just fine.
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    May 12, 2014 3:09 AM GMT
    southbeach1500 said
    Lumpyoatmeal said
    southbeach1500 saidAt a certain point, you've made enough money./blockquote>
    Now that I'm retired and making under $50K I think everyone should be limited to that. But that ceiling will need to be adjusted upward when I start collecting social security at 70 or whenever.

    This will prevent foolish people with too much disposable income from spending it frivolously on things like iPhones and iPads; the more cost competitive Android ones will do just fine.

    Yes! Perhaps "they" will "create a new law" which will do just that.

    And since Android will be the only thing available and it's open source we can rename it The People's Mobile Handheld Operating System. We can also start collectivizing the phone companies; that's long overdue.