A San Francisco family in the Richmond District is facing a nearly 90% rent increase after the building got new ownership. Zachary and Ashley Waldman moved into the two-bedroom unit in 2021, knowing they wanted to start a family; their 19-month-old Henry has grown up in the unit and goes to dayca re nearby, which is subsidized. Ashley says they feel safe and comfortable. Last Friday, the family received a notice on their door, letting them know that their rent would go up to $7,000 in September. “I could cry right now, I’ve been doing a lot of crying. This is our home, so it’s been really difficult,” Ashley said. When they first moved in, they said they were paying close to $3,500. Over the last few years, they’ve seen a couple of increases, and they’re now paying nearly $3,700. But the building recently got new ownership toward the end of May. And this notice states that it’s exempt from certain cities and state laws that provide protections to tenants. Jocelyn Moran has the full report in the video above. ...read more read less