3 ms·
Prices will not go down in the short term. The entire Bay Area needs to increase its housing supply by 50% in the next 20 years just to keep prices constant. SF
by fmajid 8y ago
Prices will not go down in the short term. The entire Bay Area needs to increase its housing supply by 50% in the next 20 years just to keep prices constant. SF produces less than 1/3 the required housing.
- geebee 8y agoFair point. However, I think the above still holds if you replace “lower prices” with “reduce the growth rate of prices”.