How bad was the real estate deal by Malia Cohen? 

If personal financial choices point toward how a San Francisco supervisor will deal with The City's finances, then read on about Malia Cohen, who represents District 10.

As the San Francisco Chronicle reported in February, Cohen walked away from the condo near Candlestick Point that she purchased in 2006.

How bad of a deal was the puchase by Cohen?

A website that follows local real estate points out that Cohen's former condo is still listed at $314,900. (Cohen reportedly paid $581,178 for the property.) Two comparable condos, however, are now listed for less than $200,000 according to the site.

Perhaps the supervisor has learned a valuable financial lesson from the dealings, but we will have to wait and see.

Pin It

Latest in Government & Politics

© 2019 The San Francisco Examiner

Website powered by Foundation