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Resource ID: #24294
Subject: Real Estate
Source: San Francisco Magazine
Date: 12/01/2009



The piece uncovers the mystery of the Lembi family and their expansion into the San Francisco real estate market. During a time period, they bought almost every apartment available on the market and tripled their real estate holdings by overbidding on properties. “The family's expansion drove up rents citywide, chased out thousands of tenants and changed the face of San Francisco by driving out thousands of citizens.”

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