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‘There’s nowhere to go:’ Peninsula tenants face eviction as rent control expires

Mercury News article

Since the mid-1980s, Foster’s Landing has included 74 rent-restricted apartments, including De Leon’s, amid hundreds of market-rate units at the complex. But those restrictions are set to begin expiring at the end of 2020 and the current owner, San Mateo-based Essex Property Trust, can legally raise prices to the market rate. Dozens of families could soon be forced out of their homes and into an unforgiving real estate market where they have little chance of competing.