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Housing Speculators Again in Political Crosshairs

In their 2018 mayoral campaigns, former state senator Mark Leno and Supervisor Jane Kim emphasized the role of speculators in driving gentrification and displacement in San Francisco. A tax or lawsuits would target ‘flippers’ to protect tenants and rental housing. A 2014 measure failed. But S.F. voters may again be asked again whether speculators should be taxed.