>> good afternoon, supervisors my name is peter rice and i am the executive director of small property owners in san francisco, our members and the board of directors and individually have discussed this legislation and our recommendation to you is to kill it, in this committee as quickly as possible, and let's start anew. you know, the problems that you have were outlined by the previous speaker before me, so i don't have to repeat them in great detail. but, people have put just five and six unit buildings and now they won't be able to convert them to once they are tics and then convert them into condos that will not be allowed and that will lead to a lot of litigation, also, the ten-year moratorium sort of means that we don't know, but it probably means that you probably will not have 2,000 conversions or 200 a year for ten years during the moratorium period. also, the starting up as the lottery again is continuing upon somehow linking it to more affordable housing and we don't know what that means. so all in all, let's kill this now, and start again, and see if we can't help the tic