People tried. The regulators catch up and fine away all the profits and force the owner to revert the property back to what the law allows. https://www.sfgate.c

People tried. The regulators catch up and fine away all the profits and force the owner to revert the property back to what the law allows. https://www.sfgate.com/bayarea/article/SF-sues-landlord-over-state-of-housing-for-9196374.php https://www.sfgate.com/bayarea/article/SF-sues-landlord-over... https://www.sfexaminer.com/news/planning-commission-supervisors-condemn-landlord-for-unpermitted-student-housing/ https://www.sfexaminer.com/news/planning-commission-supervis... I get the impression that a lot of the innovation that tech companies have been able to create were because the regulators didn’t know what they were doing. No such luck in real estate.