San Francisco mayor declares rent emergency, proposes eviction curbs as median one-bedroom hits $4,495

Mayor Daniel Lurie declared a rent emergency in San Francisco, proposing reforms to curb evictions and prevent rent spikes. The move responds to a median one-bedroom rent of $4,495, far above the national median of $1,900, reflecting the city's persistent housing affordability crisis. The declaration is a policy signal that may precede new tenant protections, but its market impact is limited to the local housing sector.