Thursday, May 17, 2018

"San Francisco ‘Dream House’ Raffle Draws Scrutiny; No Homes Actually Awarded"

SFC:

The annual raffle, which costs $150 per ticket to enter, is a benefit for the non-profit Yerba Buena Center for the Arts (YBCA). Over the past decade, the homes offered as the raffle’s grand prize form a gallery of high-end real estate in the city’s priciest neighborhoods. But KPIX 5 has learned that over 10 years of contests, not one of the posh homes have actually been awarded as prizes.

...

“It does appear this raffle is getting a reasonable return for this charity,” Borochoff said, noting the contest is perfectly legal.