From a plugged-in landlord bugged by a reported uptick in application fees for apartments in San Francisco:
I don’t charge an application fee. I figure that running a credit check is the cost of doing business, and I only do it on the finalist. It’s lame that some are charging dozens the fee for the same place. We know that they’re not doing dozens of credit checks.
This makes us all look bad. And it’s another reason for the city to figure out how to [reign] over landlords.
One unconfirmed anecdote and hearsay from The Bay Citizen retells the tale of a $3,500 a month loft in the Mission attracting 250 applications at $40 a pop.
∙ In SF’s Tight Rental Market, Paying Just to Look [baycitizen.org]