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In the last housing bubble rents detached from housing prices pretty severely. Back in the 80s, it was generally cheaper to buy than rent - the 20% down saw to
by sbov 10y ago
In the last housing bubble rents detached from housing prices pretty severely. Back in the 80s, it was generally cheaper to buy than rent - the 20% down saw to that. But things completely flipped with the more recent financial ingenuity.
In a way, I see rising rents in SF as a return to normalcy.