Reply to How do people in the Bay Area LIVE?

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[quote=Anonymous][quote=Anonymous]My husband and I rent a 2 bedroom flat in the Richmond. We have one kid so it works out perfectly. We moved in in the early 2000s, paying less than 2,000 with rent control, [/b]and have become good friends with the owner. I work in education and make 80k and my husband works in construction making 130k.

Is it a perfect life? No, but we are very comfortable. We thought about moving to the East Bay, but decided this was a better fit. Instead of worrying about a home, we have made solid investments in stocks/mutual funds and have a college fund for our son. [b]

While Bay Area residents are often stereotyped as either wealthy techies or [b]nimbies who bought homes decades ago, [/b]there are plenty of families just like mine. Middle class families who are just trying to get by with the help of rent control. [/quote]

Was looking for info on making it in Bay Area and this confuses me: how different is it to have rent control for almost two decades vs having bought two decades ago?  I’m assuming you wouldn’t accept say a 50% rent increase in exchange for expanding rental control to more units?[/quote]

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