Update: San Francisco mayor declares rent emergency as housing costs soar

The Guardian — World has covered a development concerning “Update: San Francisco mayor declares rent emergency as housing costs soar,” with the available account limited to the facts included in the supplied text.

The available account reports that median rent for one-bedroom apartment in city tops $4,495 with a national median of $1,900 San Francisco ’s mayor, Daniel Lurie, declared a rent emergency on Thursday, proposing reforms aimed at curbing evictions and preventing rent spikes as the city grapples with soaring apartment prices. The report also notes that The Bay Area city, home to a large number of high-earning tech workers, has long been one of the most expensive housing and rental markets in the country.

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