4 ms·
A lot of people are mad because the rents are much higher due to the constrained supply of apartments. Many current homeowners in the Bay Area try their hardes
by jartelt 10y ago
A lot of people are mad because the rents are much higher due to the constrained supply of apartments. Many current homeowners in the Bay Area try their hardest to prevent new apartment developments form getting built in their neighborhoods. Renters get stuck paying extra rent to effectively prop up the real estate prices for homeowners. Desirable places to live will always have higher rent. But, desirable places to live with NIMBY attitudes have extra high rents.