San Francisco Supervisor Wants to Ban New Condos for the Rich in the Mission

San FranciscoSan Francisco has become ground zero for class warfare as wealthy real estate developers snatch up cheap housing and kick out long time residents so they can build million dollar condos in a process called gentrification.

City Supervisor David Campos says he’s had enough, and today he’s going to introduce an ordinance to halt all market rate housing developments in the Mission District. That means no one will be able to build anything unless they’re building low-income housing.

In a press release, Campos said only one affordable housing development has been completed in the Mission and that was six years ago, in 2009.

Full Story at the Inquistr | San Francisco Gay Real Estate Resources