By Ben Trefny, KALW Crosscurrents
Activists gathered in San Francisco’s North Beach neighborhood last month to call attention to part of the city’s housing crisis. They got together around a three-unit apartment building where flats are rented out to vacationers through an online broker. The protesters plastered the building with green stickers that said the tourist rentals there are illegal.
This used to be the rent-controlled home of elderly tenants, until out-of-town investors bought the building and ousted the residents. That makes Ted Gullicksen furious.
“They’re making a lot of money doing this, and it’s a purely illegal business model,” he says. “They’re taking away our rent-controlled housing stock and they’re causing evictions.”
Read the complete story at KALW Crosscurrents.
