
More News on San Francisco Pay to Play Condo Converstion Policy
So I got a GREAT email from Plan C. And while I usually love to add my two cents, they pretty much said it ALL for me. So here it is, verbatim, for your condo conversion supporting pleasure:

To Rent or Not to Rent – That is the Question!
Rents in San Francisco are (surprise) on the rise! As less people qualify for loans due to the tighteninig restrictions in the mortgage industry (restrictions that I agree with wholeheartedly), more people need to rent, rent, rent their homes in San Francisco. And what happens with supply & demand? As demand goes up, supply goes down, and prices skyrocket.