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by taysic
3286 days ago
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I agree with building more housing. There are a decent amount of empty lots in Berkeley... and a smallish downtown area that could be revamped. However, even in best case scenario with a bunch of new housing, unless people start selling their single family houses to get replaced by higher density housing, I don't see housing prices going down a ton.. it won't be cheap but it may be more accessible to the middle class. |
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That's exactly what would happen in a normal market.