condo conversion

Prop 98: A Cardboard Box for Your Troubles

[courtesy of California Progress Report]

May 7 SF No on Prop 98 Rally By Brian Leubitz
Founder and Publisher
Calitics

By this time, I hope you've heard about Prop 98. But that's not the case everywhere, so much attention has been paid to getting the word out about the really negative effects that Prop 98 would have upon California. A great group of people came together to talk about the Landlords' Scheme to eliminate rent control, tenant protections, and affordable housing regulations.

Several folks came with cardboard boxes to make the point that many people living in rent controlled units would be forced to the streets. Many units would be converted to luxury condo conversion projects and housing supply in San Francisco would dwindle further. Affordable housing is already tough enough to come by (just look at Craigslist if you don't believe me), the last thing we need is Prop 98 eliminating much of the affordable supply.

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