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Right, but not every SFH will not be replaced. You're going to start actually satisfying demand, and then prices will fall across the board.
by nerfhammer 8y ago
Right, but not every SFH will not be replaced. You're going to start actually satisfying demand, and then prices will fall across the board.
- mywittyname 8y agoNormally, I'd agree, but newcomers to SF have outstripped housing development by a large degree for something like two decades at this point. So the amount of new construction you'd need to satisfy current demand would be staggering. Not to mention, a drop in housing prices will make the region even more appealing.