4 ms·
there is much more pent up demand than that, even 100k units wouldn't budge prices much.
by throwaway2048 8y ago
there is much more pent up demand than that, even 100k units wouldn't budge prices much.
- andrewem 8y agoAs a rough estimate, Wikipedia says the SF area's population is roughly 8-9 million, depending on how you count. If you assume that each new unit would house 2 people, that's enough to house about 2% of the current population. (I have no idea how to estimate the effect of that on prices.)