The San Francisco Board of Supervisors on Tuesday voted 7-4 to overturn the sale of Presidio Terrace, a looping, exclusive street that went on the auction block after its residents failed to pay $994 in back taxes. Not surprisingly the South Bay buyers are now threatening to sue the city.
This raises some interesting questions such as: Would this outcome have been the same if it occurred in a less affluent part of town? Was it fair for the Board of Supervisors to reverse the sale or should they have left the sale intact?
Read the full article here: SF Supes Return Private Street to Homeowners