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rent control

Sued by Tenants, Veritas Says it Maintains ‘High Standards’

Noah Arroyo, San Francisco Public Press — Mar 18 2019 - 8:00am

I n reporting on the tenant lawsuit against Veritas Investments Inc., the Public Press engaged company spokesman Ron Heckmann at length. Here are excerpts of some of our questions and his responses.

Searching for Truth in Tenants’ Lawsuit Against S.F. Corporate Landlord

Noah Arroyo, San Francisco Public Press — Mar 12 2019 - 8:00am

More than 100 tenants in 39 rent-controlled apartment buildings have sued the owner, Veritas Investment Inc., for behavior they allege is designed to push them out in favor of  new, higher-paying residents. The $3 billion company denies the charges, alleging the lawsuit is a money grab.

Rent Control Boosters and Bashers Both Base Claims on Incomplete Research

Nathan Collins, San Francisco Public Press — Oct 17 2018 - 12:33pm

As Californians battle this fall over a ballot measure to allow cities much wider leeway to impose all sorts of rent control, both sides of the debate throw around citations to academic papers, economic studies and seemingly compelling statistics. But a review of the available research shows that both sides are wrong.

S.F.’s Largest Landlord Sued Over Alleged Efforts to Push Out Tenants

Liza Veale, San Francisco Public Press — Oct 4 2018 - 2:20pm

Veritas Investments owns nearly 200 buildings in the city. It's been a target for tenant advocates, who accuse the company of building a business model that relies on pushing tenants out of rent-controlled units so they can be re-rented for much more. Veritas disputes the accusations that is “hostile or negligent” toward tenants.

Housing Speculators Again in Political Crosshairs

Liza Veale, San Francisco Public Press — Aug 22 2018 - 10:17am

In their 2018 mayoral campaigns, former state senator Mark Leno and Supervisor Jane Kim emphasized the role of speculators in driving gentrification and displacement in San Francisco. But what constitutes speculation? And would efforts to curb it pass political and legal muster?

Remaking Rent Control — if Voters Approve

Noah Arroyo, San Francisco Public Press — Aug 14 2018 - 8:05am

Proposition 10 asks voters to nullify Costa-Hawkins, which would give cities new policy tools to try to curb soaring rents and displacement while getting more housing built. One approach would apply rent control gradually to additional apartments years after they're built. But would repeal help or hurt the affordability crisis?

New York Reform Effort Shows How San Francisco Rent Control Dialogue Lags

Caroline Cakebread, San Francisco Public Press — Jun 19 2015 - 3:08pm

Reforms to rent control are finally a topic of hot debate — but not in San Francisco.

Last year the Public Press wrote about the city’s curious rental laws, which somewhat arbitrarily helps some tenants by limiting yearly rent increases but not others, depending on when the building was put up.

Since then, not much has been done to revisit the issue, even though local leaders have been grasping for ideas to ease the housing crisis here, such as a housing bond of at least $250 million, and additional taxes on home sales to fund affordable housing programs.

Cities ponder tighter rent controls

Laura Impellizzeri, San Francisco Public Press — May 15 2015 - 8:31am

A city councilmember in San Jose has said he may propose strengthening his city's loose rent controls to keep at least some housing there affordable. But rents in Oakland continued to soar after it made the same move last summer. Few other solutions to the Bay Area's housing crisis have emerged, and even San Francisco's stringent controls haven't kept a lid on evictions or rent increases.

Lacking Rent Protection, Artist Community Faces Displacement

Noah Arroyo, San Francisco Public Press — Apr 16 2015 - 2:10pm

More than 70 San Francisco artists may have to leave the studios they've shared for a decade because their landlord wants to raise the rent significantly when their lease expires in June, and nonresidential space is not protected by rent control.

Housing Solution: Update Local Rent Control Law to Prevent Mass Displacement

Harry Gibbons, San Francisco Public Press — Sep 3 2014 - 12:06pm

By extending rent-control status to all existing apartments, like it did 35 years ago, the city could save the residents of as many as 50,000 apartments from today’s ballooning rental costs. But doing so might not make the city more affordable for the most economically vulnerable residents. Part of a special report on solutions for housing affordability.

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