Bay Area Housing
A San Francisco renter posted online a letter she received from her landlord which raises her rent by 400 percent, and adds a 12,500 damages deposit to her lease in an effort to force her to leave.
Some long-time renters in San Francisco say they’re being illegally evicted by landlords trying to empty apartments for the sole purpose of renting out units for a higher price on Airbnb.
San Francisco currently has the highest average rent in America. Meanwhile, real estate speculators are cashing in on the boom by snapping up buildings and evicting longtime tenants.