{ San Francisco Supervisor } Daly wins big in Fairfield housing free fall

San Francisco Chronicle ^ | 7/26/9 | Phillip Matier and Andrew Ross

[SmithL]

Tenant activist-turned-suburban landlord Chris Daly certainly knows a good deal when he sees one.

In February, the San Francisco supervisor, who has had his share of battles with developers over the years, scooped up a Fairfield house for $270,000, Solano County documents show. The four-bedroom, 2 1/2-bath house had last been assessed at $514,686.

He's now renting out the house, Daly told The Chronicle's Marisa Lagos. Bonus for the supervisor - there's no rent control.

Daly went bargain-hunting in Fairfield again in April and landed another four-bedroom, 2 1/2-bath home - this one with a pool, on a cul-de-sac - for $275,000. That's so his wife and two young children could be closer to her parents, who live just down the street.

The county assessor's office tells us the house, which the previous owner bought in 2004 for $448,000, was in foreclosure when the Dalys scooped it up.

Not sure where either of the ever-eco-minded Daly's new digs registers on the green meter for sustainable living. But we can tell you the one his family now calls home has central air conditioning and a two-car garage.

A garage that size would easily accommodate both a hybrid and his bicycle - should Daly, who says he will continue to "eat, sleep and bathe" at his Stevenson Street digs in San Francisco, decide to visit on his off-hours.

[SmithL]

This is different than the house that he moved his family into, just to get his family out of San Francisco.

[Paladin2]

It’s OK, it’s “for the children”.

[blam]

Exhausted By Life In South Berkeley

[jiggyboy]

“Honey if we want to buy a property for rental income, we’d better look outside San Francisco — you know what hassles we’d have with rent control.”