From what I've heard is a common thing for landlords to do is a "pay to vacate" where they show up at the door with $1k in cash if the tenant will just leave.
if you go onto /r/landlord, you'll learn that "cash for keys" is (a) usually way more than $1k, and (b) not a fool-proof way of kicking someone out (since the squatter still need a place to live, and they know that the cash won't cover it). this was/is a huge HUGE issue with the COVID real estate moratoriums that popped up.
Sure, because those tenants signed contracts with perpetual leases (as also understood by the landlords who provided the contracts). Evicting in SF means you can't turn your property into a Condo (only a TIC) - so to maintain the value of the condo conversion option, landlords pay tenants to leave. The buyouts are proportional to the rent difference so it's not surprising that someone who's rent is increasing from say $1k/month to $4k/month would need a large sum of money (that's taxable!) to be convinced to leave.
Call the buyout $100k -- best case scenario, it's taxed as capital gains so you'd take home $85k. At $3k/month increase in rent, you'd be looking at a little over two years before you're below water.
Housing in California is broken in 1,000 different ways but the tenant buyouts seem to be pretty minor in the grand scheme of things.
My ex got about $40k cash to vacate her rent-controlled studio. Because turning off the heat during winter, greasy trashbins in the hallway, and holes in the staircase weren't doing it. The building was mostly elderly NYers and she was one of the few millennials so waiting for her to die wasn't going to work either.
