San Francisco’s Housing Market Boom Is Fueling Rental Scams. 1 Product Designer Lost $18,600

As competition for apartments in the California city heats up, scammers are using urgency to get renters to wire them thousands of dollars on the spot.

BY MOSES JEANFRANCOIS, NEWS WRITER @MOSESJEANS

San Francisco, California. Photo: Getty Images

The San Francisco housing market is booming. However, as renters search for available apartments, a lack of inventory is leading some to fall victim to online scams.

Alvin Tran, a product designer who has lived in San Francisco for five years, was looking to move to his next spot after two rent hikes.........

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