Loan has been transferred and sold more than once since then for a profit. To this point i didnt know the real loan owner. Thank you, maam, if you can close and finalize your thoughts. I am just saying that housing speculators who buy these houses for cash and driving the Common People out for cash money should be charged more, foreclothesing houses and selling these houses more expensive. Thank you very much. Thank you very much. Next speaker. Good afternoon, supervisors, my name is julian lagos, i am with the coalition state park merced. There are evictions going on on the east side as many of you know. We have been fighting development in park merced since 2005 and we will continue to fight it. I just want to let you know we had over 200 section 8 evictions last year that your analyst didnt cover. 200 section 8 evictions. The Development Agreement that the City Attorney hammered out with our land lord will call for 1500 evictions in the next few years. We believe its a piece of pape
Keep the momentum steadily onward and dont stop until we get there, until we reduce significantly the number of ellis act evictions and all other type of evictions that are happening right now. Thank you. Thank you, miss short. I also want to call on marlo knight, im sorry. Next speaker. Good afternoon, members of the board, steve callier, tenderloin housing clinic as well as all the other housing groups are supporting this broad package of local legislation to limit the incentive to do he will ils act and speculative evictions. I want to talk a little bit to supervisor yees question which is sort of what is driving this. One thing i always tell people is that im glad now the lexicon has become accepted by even the mayor, these are speculators. These arent land lords who are doing this, these are speculators and the speculation comes from a lot of money thats coming in to fund the speculators now that we have an era of relatively easy money. The fed window is at zero, you have a lot of
Definitely a huge, huge, issue, the bigger the other piece of the puzzle is the Affordable Housing aspect of it. And you know with all the funds that were going through hud and the office of redevelopment and i mean its just appalling that its gotten to this point. Then we had the bids which the city gives businesses increasing assessments and that impacts all the residents around it. Theres realtors, formula retail realtors under the guise of various llcs and they are all connected here and there and really the attorneys, bornstein and bornstein, mentioned earlier, i was in a courtroom, theres no Court Reporters or attorneys, the eviction collaborative is wonderful however just having somebody there to divide you through the entire process is absent. But those guys are rock stars. But its an unfair advantage for people going in and daniel bornstein, i was almost threw up i was so disgusted by his behavior, he stood there and he went, she bounced a check. How do you like that . She giv
Mic please, thank you very much. I am mary lou sampson, fighting for my home against foreclosure. They gave me an undisclosed adjustable mortgage, the payment and rate went up so much at the same time, our speculator bought my home who is evicting me when i could not afford the payment when it went up from 1,854 to 3,394. I kept being denied my loan notification which made me feel hopeless. I made 20 percent on a 700,000 house. Being evicted by these real estate investors, speculators, the richer get richer and the poor gets poorer and people should be protected from being displaced in San Francisco. Okay, due to unexpected expensive repair costs and legal costs i am now forced to live in an unfinished house. I was given the impression i would be living in a fixed loan of 1,654 through the life of the loan but later found the loan would be increasing until it came up to 3,954. I paid the 3,954 but i cannot keep paying it. In august 2010 they sent two guys in my house to destroy or chan
Loan has been transferred and sold more than once since then for a profit. To this point i didnt know the real loan owner. Thank you, maam, if you can close and finalize your thoughts. I am just saying that housing speculators who buy these houses for cash and driving the Common People out for cash money should be charged more, foreclothesing houses and selling these houses more expensive. Thank you very much. Thank you very much. Next speaker. Good afternoon, supervisors, my name is julian lagos, i am with the coalition state park merced. There are evictions going on on the east side as many of you know. We have been fighting development in park merced since 2005 and we will continue to fight it. I just want to let you know we had over 200 section 8 evictions last year that your analyst didnt cover. 200 section 8 evictions. The Development Agreement that the City Attorney hammered out with our land lord will call for 1500 evictions in the next few years. We believe its a piece of pape