2 ms·
there is already enough housing for everybody This is not true because you aren't counting the vast number of people who want to relocate to the Bay Area. The
by harryh 7y ago
there is already enough housing for everybody
This is not true because you aren't counting the vast number of people who want to relocate to the Bay Area.
The article also ignores the fact that you will always have some % of empty homes. People move out and it takes time to find new tenants. People want to remodel. New buildings take time to fill up. People have second homes. Overall vacancy rates in SF and the Bay Area in general are TINY.
https://sf.curbed.com/2019/3/21/18276227/vacancy-rate-san-jose-san-francisco-lendingtree https://sf.curbed.com/2019/3/21/18276227/vacancy-rate-san-jo...
The idea that 0% vacancy is achievable (or even desirable) is wrong.