Due to the advances of the city's economy from the increase of tourism, and the boom of innovative tech companies, the rent increased by more than 50 percent by the 1990s. * * Some units (approximately 35%) covered under California rent control, annual rent increase are capped at 5 percent plus the cost of living increase or 10 percent, whichever is lower, for tenants who have occupied the unit for 12 months or more. This means your rent can only increase by a governmentally mandated percentage each year, based on the cost of living index, and with a 30-day notice. * * Rent control is in effect for all San Francisco renters who reside in buildings constructed before June 1979. * * Fox Plaza was built in 1966 as Theatre. * * #sanfrancisco #foxplaza #skyscraper #rent #theatre (at San Francisco, California) https://www.instagram.com/p/B9a30CwnWbO/?igshid=195mcrxo50a7z
