Ultimately this is creating a class of people who can't rent. Their track record is poor - or if not them specifically they are in a group with a poor track record.

Not surprisingly this mostly affects the poorest and most vulnerable - those with the least job security - those with health/work issues and so on.

This overlaps with the group least likely to actually be able to purchase a home to begin with.

This issue will not be solved with free-market economics. Either one accepts the need for some layer of free social housing, or one accepts that a decent chunk of society will be homeless.

In SF, there have been six-figure buyouts to remove tenants from rent-controlled properties.

Call the buyout $100k -- best case scenario, it's taxed as capital gains so you'd take home $85k. At $3k/month increase in rent, you'd be looking at a little over two years before you're below water.

Housing in California is broken in 1,000 different ways but the tenant buyouts seem to be pretty minor in the grand scheme of things.

cook lots of greasy ass food and drain that oil straight down the sink. toss condoms, paper towels, hell, ANYTHING, down the toilet, since it's basically a trash dispenser, right?

once you're done having the cats pee their way through the foundation (cat urine DESTROYS houses) and destroying the plumbing, steal some copper on your way out with some friends.

oh, and this is a pre-war establishment where everything is absolutely not up to code.

It was disgusting. Glass and other obstructions flushed down the pipes, literal feces on the walls, holes everywhere, missing parts of the ceiling, fixtures ripped out, etc.

Move-in process was essentially move all our stuff to a storage area, continue renting until we'd made the place no longer a biohazard, then we moved in slowly as we fixed up rooms.

But hey, a few hours of work a day for a year essentially saved a year of a FAANG salary on the place.