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Old 02-18-2014, 07:38 AM
 
Location: San Francisco born/raised - Las Vegas
2,821 posts, read 2,110,637 times
Reputation: 1905

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San Francisco has signed into law the Mandatory Seismic Retrofit Program for Soft story wood framed buildings, that will seismically strengthen thousands of buildings in San Francisco.

The way I understand it, if a wood framed building has more than 4 units, is at least 3 stories tall, and built prior to 1978, the seismic retrofit work must be completed by a certain date. This will have a definite impact on the current S.F. rent prices for those whom live in the said buildings.
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Old 02-18-2014, 09:21 AM
 
Location: SF Bay Area
2,203 posts, read 3,360,232 times
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Quote:
Originally Posted by Erratikmind View Post
This will have a definite impact on the current S.F. rent prices for those whom live in the said buildings.
No, it won't. My 6-unit apartment building will have to comply, however the apartments are all under rent control. Rents will not be increased.
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Old 02-18-2014, 09:47 AM
 
Location: San Francisco born/raised - Las Vegas
2,821 posts, read 2,110,637 times
Reputation: 1905
http://sfpublicpress.org/news/2013-0...t-rent-control

SF wants to require seismic upgrades - SFGate

http://www.aoausa.com/magazine/?p=1747

http://m.sfexaminer.com/sanfrancisco...nt?oid=2320931

Last edited by Erratikmind; 02-18-2014 at 10:02 AM..
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