Ponzi Flip and Housing Divide

Ken Mattson, accused of running a $100 million Ponzi scheme, has flipped his plea again—after agreeing to a 12-year sentence for one wire fraud charge, he now demands a jury trial amid nine potential 20-year sentences. Meanwhile, in San Francisco, housing debate rages: Senator Scott Wiener pushes for more construction to solve the crisis, while Supervisor Connie Chan favors subsidies and preservation. Developers like Matthew Franklin back Wiener’s supply-side approach, arguing tech job growth demands more housing—and that past deregulation laws helped. But with affordable housing costing $300K–$500K per unit in subsidies and a $607M budget deficit, San Francisco’s tax-cut plan to boost construction is on hold. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9ba9b7a0950669b4