SAN FRANCISCO: City landlords may be hit hard in the pocket if they plan to evict tenants from properties they wish to clear or sell on.
As the number of evictions in the city continue to rise, one of the main reasons for ousting tenants is to clear a rented property and take it off the market. An action made totally legal because of the Ellis Act in state law.
However, a new proposal to be put forward by Supervisor, David Campos, tomorrow (Tuesday) would see landlords having to pay the difference between a tenant's current rent and the price of a similar apartment.
The proposal has caused conflicts between groups representing both tenant's and landlord's rights. Some tenant's rights groups believe the Ellis Act is being abused by landlords solely for commercial and monetary gain. While some landlords are looking for means testing to be included in any new proposals agreed upon.
Read the full story here on SFGate.com.
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