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it's a great place to live and there will always be high demand. there would be more supply if not for restrictive zoning laws. and more supply = lower prices
by postflopclarity 9mo ago
it's a great place to live and there will always be high demand.
there would be more supply if not for restrictive zoning laws. and more supply = lower prices
- lux-lux-lux 9mo agoSF has a relatively high ratio of housing units to population compared to other cities in the US and a 9.7% vacancy rate. By the numbers, it has an oversupply of housing.
- postflopclarity 9mo agohousing units : population is not a very salient statistic
- wpm 9mo agoBy just those numbers, sure. How many are homeless? What does the median worker spend in money and time commuting from somewhere further?
- jeffbee 9mo agoThat is not a valid interpretation of the data. The ratio you cite, which is a pointless one, is mostly influenced by household size. SF has a relatively small household size compared to the state and nation. The vacancy rate you cite is also not a useful one that people generally understand. There were 19000 units for sale or rent during the last ACS survey, out of 418000 physical dwellings, and that's only 4.5% which is very low by historical standards.