Lets go over to the markets desk. Julie hyman has the very latest. Julie we are seeing stocks andback after the gain the streak we have seen in u. S. Stocks over the past four weeks. We have the fed meeting coming later this week, so there is a lot of talk about what that will bring. The decline today can really do to be tend on what is happening with oil prices. The Iran Student News Agency reporting the Iranian Oil Minister says we will Freeze Oil Production not until we raise it by about a third. Iran is not willing to freeze production until its production is more in line of what it was historically. 36. 85. Down we are seeing the big cap Oil Companies take a leg lower today. Also not helping oil today is the recovery in the u. S. Dollar as we are seeing people reraise their Interest Rate expectations given the fed meeting. The yen is unchanged versus the dollar but you see the euro and the pound are falling versus the dollar today. Betty it is not just oil today that we are focuse
Because it is noted simply an either or indecision decision that you have a rental youll rent it out fulltime or short term but if you have a Spare Bedroom you may want the space the consensus says over 20 percent of the space in San Francisco it has more are a vacant space at least one vacant bedroom and whats interesting for our trend is that despite the growth in rent in existence 2010 and despite it increased since 2010 that percentage has not moved that percentage people preference to have vacant bedrooms in their house didnt seem to particularly incentive to what we do on a should recall playroom or looking for a roommate so for that reason we dont have the analysts we believe if a given cap is executive for a 1r57b9d unit that will not be effective taking the vacant bedrooms off the market for a roommate finally to committed this amongst our impact reports weve had less data we want to make the point in the future the city will have more data it is likely well do more analysis w
Right way or present a false conclusion or be a liar theyre tough and we can have that public debate i happen to agree with supervisor farrell i judge dont think around the issue of vacant units the calculation was done in a way it should have been and gardened misleading headlines ill say it not helpful to take potshots at supervisor david chiu up in sacramento represent our district. What air force the extremely member of that board is not here to defend themselves but i dont think that is a helpful way to conduct that debate. All right. Supervisor farrell. Let me say the comments about the budget analyst theyre amazing to work with theyve done great work and continue to do so from my prevention that is a more about the data that is available supervisor campos comments one the companies have has it day we prospective we need to look at this issue across San Francisco and across every single platform and no other platform aside is from other than has this data i prefer for the city an
Identifying id like to see this law enforceable and protect our Affordable Housing in San Francisco and makes sure it styles to encourage those who use their shortterm rentals to scomplie with the law in the city of San Francisco. Thank you very much okay. Okay members of the public remember you have two minutes please line up on this side of the chamber im going to call names and when you hear your name, please get in line for your cue calling names lets go people get in line one person is not here okay scott i know youre here gone okay. calling names robert please Jim Lazarus Karen i can bring rudolph inform with you and nancy thank you members i appreciate the opportunity to be here robert with the intersect association again excuse me. We appreciate the complexity of that issue but we do have some comments we want to make above the Internet Committee generally our association that made up of the country largest internet he companies he and with the legislation youre now considering
Unit this is only because craigslist didnt talk about the difference between studios there are more 2 bedroom units that fit our purpose, and, secondly this is an important part of the debate we only look at the vacant unit not comparing to the rent you got on get on the private list on craigslist if you are looking for a fulltime rental this is complicated because it is noted simply an either or indecision decision that you have a rental youll rent it out fulltime or short term but if you have a Spare Bedroom you may want the space the consensus says over 20 percent of the space in San Francisco it has more are a vacant space at least one vacant bedroom and whats interesting for our trend is that despite the growth in rent in existence 2010 and despite it increased since 2010 that percentage has not moved that percentage people preference to have vacant bedrooms in their house didnt seem to particularly incentive to what we do on a should recall playroom or looking for a roommate so f