4 ms·

You have to ask yourself why Manhattan is now cheaper than San Francisco.

• whybroke 12y ago
  No, we need to ask is Manhattan affordable? Are Manhattan prices dropping? Did they ever? A 10%-20% price difference is irrelevant and will just disappear in just a few years anyway.
  • nsnick 12y ago
    The price difference will increase if San Francisco continues to not build enough housing to meet demand.
    • whybroke 12y ago
      The price will increase no mater what you do so long as you rely on an uncontrolled free market in real-estate. At some point prices will make employing people there impracticable due to wages and commercial rental. In the current system, that is the price point the market will reach no mater how many units are built.
    • throwaway9324 12y ago
      Building isn't the main difference between SF and NY. If everyone in Brooklyn want to live in Manhattan prices would be very different. If anything SF has become more centralized and companies keep paying high salaries and other perks playing in to the whole thing.