▲ 3 r/SFBayHousing
Why are SF master tenants charging market rate for sublets instead of the legal prorated amount?
Why do the vast majority of sublets in SF seem to be priced at current market rate?
My understanding is that SF tenant laws require master tenants to charge subtenants (roommates) a prorated amount based on the square footage of their private area relative to the actual master rent being paid.
If a master tenant has been in the unit for years, their rent-controlled rate will be significantly below current market prices. By that logic, any legal roommates subtenant lease in an established rental should be priced well below market rate.
But you never see any of those.
Are people just unaware of the law, or is this blatant price gouging?
u/dotben — 12 hours ago