Most landlords in the city own only a few units and determine their rent pricing based on anecdotal information gleaned from what other nearby properties are charging. Bartlein’s company does slightly more scientific market research, including a trial and error method: In a building with 10 identical units, they’ll raise the rent on one to see how quickly it leases. Bartlein, who has managed properties all over the state, said that compared to San Francisco, “the rents in Santa Barbara are considered dirt cheap.”.
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