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In reality rents in Berkeley have been falling for several years because the city has added a lot more new housing over the past few years. https://twitter.com/
by kevinburke 3y ago
In reality rents in Berkeley have been falling for several years because the city has added a lot more new housing over the past few years. https://twitter.com/Jeffinatorator/status/1730393561542340855 https://twitter.com/Jeffinatorator/status/173039356154234085...
Congestion may get worse in some places but the status quo is people commuting from places like Antioch to get to service jobs in Berkeley/Oakland/SF so from a "vehicle miles traveled" perspective it might get better.
- cyberax 3y agoNew housing has nothing to do with it. The general decline of the rent prices SFBA caused that: https://www.sfchronicle.com/realestate/article/sf-rent-prices-18534829.php https://www.sfchronicle.com/realestate/article/sf-rent-price... In general, rents for the dense housing have declined the most.