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  • Major SF earthquake could devastate housing, price out poor and elderly

    09/22/2005 12:49:06 PM PDT · by SmithL · 34 replies · 660+ views
    AP ^ | 9/22/5 | BRIAN SKOLOFF
    San Francisco -- Rebuilding San Francisco after a major earthquake would change its human face, hastening gentrification and driving out poor and elderly residents, experts and city officials warn. Experts say there's a 62 percent chance a quake with a magnitude of 6.7 or higher will hit the San Francisco Bay area within several decades — or tomorrow. Thousands of homes would be rendered uninhabitable, displacing up to 300,000 residents, almost half the city's population, according to some projections. A major issue would be creating replacement housing for the poor in one of the nation's most expensive markets. About 16,000...