Who's investing in California?

[Account Closed]

Preface: Having lived (rented) and managed multifamily property in California, I know it is extremely tenant friendly and sometimes feels like crazy town.

I recently came across this article (Yes its from February) about San Francisco's largest landlord, Veritas. In my opinion, the "I Team" is pretty blatantly editorializing to make Veritas look bad, rather than just report the facts. 

I team Investigates SF Largest Landlord

Specifically troubling to me is this sentiment: "They (Veritas) don't see the relationships, the community, the contributions these tenants have made," Brad Hirn of Housing Rights Committee of San Francisco told Dan Noyes. "They see dollar signs."

Sounds to me like he just described a disciplined real estate investor. 

...Or should we as landlords/investors/property managers etc start basing rent rates on the "contribution" a tenant has made to their community? (A fair housing violation waiting to happen, right?)

Anyway, who's investing in California? What are your goals? Whats your angle in this climate of low cap rates and high anti-landlord/rent control tide?