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In Japan's 1980s real estate bubble Corporate Dorms were a thing too. The major difference was that they were company-specific. As long as the locations can b
by mathattack 11y ago
In Japan's 1980s real estate bubble Corporate Dorms were a thing too. The major difference was that they were company-specific.
As long as the locations can be reused for other housing, I'm perfectly happy to watch VCs invest money in the area. More housing stock is good. If investors make money, great. If they lose money, that's part of the risk. If the price point is wrong, the place will go belly up, someone will buy it out of bankruptcy and make a go of it at a lower price point.
SF will never have a shortage of young people in dire need of cheaper housing.