Posts Tagged ‘real estate’

SF Magazine: The Slumlord Bubble

December 8th, 2009 No Comments

Check out my newest piece of investigative journalism, the cover story for the December issue of San Francisco Magazine.

Eighteen months in the making, War of Values reveals how the city’s dominant landlords, the Lembi family of CitiApartments fame, bought up every building they could get their hands on, from the Tenderloin’s rattiest dumps to Nob Hill’s ritziest penthouses, with an audacious plan to drive up everyone’s rent. And their money came from the same financial geniuses who brought the world economy to its knees.

The buzz is growing. See the comments at local real estate blog Socket Site to see some of the commentary. For more discussion, take a look at Curbed SF.