a recent story written by tim redman is with us by the chambers found that 39% of the condos built since 2000 have absentee owners in in san francisco and for newer owners that number is 50% or above. luxury developments like the four seasons residents have more than 60% properties housing prices skyrocket beyond the reach of residents making the cost of living unaffordable for even middle income people. not only are these wealthy absentee buyers buying up all the residents also constrict the spliez of housing available, to meet the high demand of our city's growing work force. and as we know, one new supply available for residents. the san francisco business times reported last year, quotes with a medium home price of $706,300 in san francisco, someone meeting the median income of $72,000 makes 48% less money than they need to afford a median priced home. this sort of homeowner absenteeism is bad for neighborhoods and leads to the fe no, ma'am fe phenomena of what some people call zombie neighborhoods. new york state senator who represents part of manhattan has announced his intention t