Here's the thing - imagine what it's like if you're making median income in the city of $75k. Or if you're one of the thousands of service workers who are earning sub-$50k yet people on $100k+ also get access to $1000pm apartments.

Doesn't make sense if we're trying to achieve equality (I still don't know what it's really trying to achieve - some kind of nativism)

There is an argument that removing rent control would actually reduce the price of rent through San Francisco but it would take a few years to stabilize.