The SF Examiner is reporting that Mayor Newsom has thrown about the stunningly original idea of ditching the city's condo lottery and just letting anyone who wants to go condo, GO CONDO! Currently, the condo lottery allows for only 200 conversions per year, thus protecting the city's notorious multitudes of little old ladies from being evicted from their dirt cheap apartments and tossed into the cold, unforgiving streets. The silver lining to this real estate storm cloud? Millions of American dollars rolling into city coffers to fund very important programs such as the Bevan Dufty brand "Pink Clouds over the Castro" and the Mayor's warning labels on everything plan. Gee!
For their part, the Board of Supervisors reportedly had a hearty laugh at the proposal before returning to the business of reality on their planet. Spitfire Supervisor and Solano County home owner, Chris Daly, said, "(It) could go straight to Mother Teresa and it's still a bad idea." Um, Mother Teresa is dead. Nice one, Chris.
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