5 ms·
It seems the faster people leave, the cheaper the housing gets which attracts more people. Will the millions of people clamoring to move into SF or any dense U
by fundad 4y ago
It seems the faster people leave, the cheaper the housing gets which attracts more people.
Will the millions of people clamoring to move into SF or any dense US city turn into a negative number?
- jmoak3 4y agoThat's true - the hills, whales, architecture, and density that attracted bohemians before aren't going anywhere The people on the sidelines will definitely provide a floor to the prices of the homes. Home prices aside though the loss of the lucrative office workers buying lunch and renting offices will decrease tax revenue. Unless someone has any examples of a city that has navigated a downsizing well I do believe the QoL in 5 years will be worse than today's (provided we don't see an epic return to office). The question for people invested in the region is: "how much would demand from sideline people for these properties change if QoL was worse?" EDIT: Reworded the heck out of this EDIT: again