and, yet, they keep voting for polices/taxes/regulations that help accelerate the rise in their rents...go figure
I would guess that a lot of them live in Section 8 housing, and pay no taxes. I took a look at a California Section 8 FAQ which I found for Santa Monica. A single person is eligible if he has an income under $29,550. He would pay 30% of his income for rent, with Section 8 making up the rest, BUT ONLY UP TO A MAX RENTAL amount.
If rents go up, a Section 8 renter may find himself with no available housing in the area, and have to move elsewhere.
What the SF Leftists are concerned about, is that SF might get to a tipping point where a majority of residents work in the private sector, and get fed up with how the Dem party is running the place.