Cato article "SF Gov't failure" is incorrect and misleading. SF elected officials (mayor, board of supervisors, DA etc.) have publically stated goals and policies approved by the votors (residents of SF). Such goals and policies do create conditions that have, and will continue to, undermine CRE values, but it is a mistake and is misleading to call this a failure of government. The people have spoken, and are getting exactly what they have asked for.