"He still lives in the same home he bought when he was 28 years old."
Good for him. Big savings right there. Buying/selling/moving house can cost a fortune.
Good for him. Big savings right there. Buying/selling/moving house can cost a fortune.
SF and NYC are the only two places in the US where rent control makes any sense whatsoever. And it's to solve a problem that was largely created... by rent control.
Once you start you can't stop.
Amazing for Grandma to pay $500/mo to live alone in a 2b Manhattan where she raised her family.
Terrible for the young families try to find their own 2b bedroom to start their family.
[0] - higher paying, emotionally rewarding, etc.