4 ms·
No, because the broader point still stands that many properties are owned by investors. Also, 7k is the number of parcels, which can include apartment buildings
by rcme 3y ago
No, because the broader point still stands that many properties are owned by investors. Also, 7k is the number of parcels, which can include apartment buildings containing hundreds of units counted as a single parcel.
- grandmczeb 3y agoYour original comment alleges an “ oligopoly”. How many units would you guess all 12 owners have across the 7k properties?
- rcme 3y agoYes, I admit that "oligopoly" is a mischaracterization (based off of the original article), but over 60% of housing units in SF are not owner-occupied (as of 2021): https://www.census.gov/quickfacts/fact/table/sanfranciscocitycalifornia,US/HSG445221 https://www.census.gov/quickfacts/fact/table/sanfranciscocit...
- grandmczeb 3y agoIf there's no oligopoly, why does it matter that a lot of people rent? What part of your original comment does that support?