In supernatural lore, vampires would seem to be a necessary evil. Drive a stake through their hearts to get rid of them individually. Brandish garlic to keep them at a distance. But eradicating an entire class of supernatural beings? Not possible with vampires.
In real life, housing market speculators would seem to fall in the same category of ‘impossible to eradicate.’ This is largely because every homeowner is by default a speculator in the housing market.
In order to cool down overheated housing markets, jurisdictions everywhere these days are looking for surgical methods to remove troublemakers — the bad vampires, as opposed to the good ( a.k.a. mom-and-pop risking their life savings) vampires — from the housing marketplace.
San Francisco is entertaining an interesting flavour of repellent to ward off the bad actors in the city’s housing market — those who have no intention of occupying the homes they buy, merely flipping them for profit and inflating housing values.
We like to call that repellent ‘essence of non-profit’. For more on this interesting proposal for warding off bad vampires in the overheated San Francisco the housing market, read more in the San Francisco Examiner: Nonprofits could get first dibs on multi-unit buildings
