San Francisco's Housing Crisis Just Got Interesting
The city may pass legislation allowing landlords to repurpose what would normally be considered storage into housing units.By Ryan Biek | July 27, 2016
San Francisco may soon have thousands of new housing units on the market. The only problem is they might actually be someone's garage or old storage unit.
A short supply and high demand for housing made the median rent for a one-bedroom apartment over $3,400 at the beginning of this year.
Now, the city is expected to pass legislation that would let landlords convert storage and utility areas into new apartments in existing buildings. If passed, it's estimated it would create about 14,000 more units.