Sfpublicpress.org reports Developers seek to legalize tiny apartments in San Francisco, citing soaring rents. The plan is to reduce the minimum living space in apartments from the current 220 square feet to just 150. The move could lead to more residential development in a city where the vacancy rate is close to zero. But skeptics say that if private developers can squeeze more rent from each square foot, builders of affordable-housing could be priced out of the real estate market.
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Courtesy of sfpublicpress.org
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