Portside

“The data clearly shows that the evictions crisis and resulting loss of rental units” is a big blow to the city meeting its affordable housing goals, said Board of Supervisor Jane Kim. Speaking on the steps of city hall, Kim announced her new pro-tenant “Eviction Protection Act/Just Cause 2.0” ordinance, a reference to the latest dot.com boom that set off soaring housing competition. The ordinance idea came from the community she said.

Referring to the Brookings’ data, San Francisco writer Barbara Koh noted that the same trend is occurring in cities across America but “San Francisco’s income gap is distinctive, however, because our rich are uber-rich and getting richer. The $353,500 income of San Francisco’s wealthiest 5 percent of households is higher than their counterparts in any other big city.”