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by xienze
2781 days ago
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> If I could wave a magic wand and create 1,000,000 apartments in SF rent prices would drop. Yeah but the problem is you can’t. Additional capacity always comes in onesie-twosie, not fast enough to outstrip the seemingly limitless demand to live in the area. Put up a couple thousand unit high rises? Big deal, won’t affect prices one bit, they’ll get snapped up before breaking ground. You really would have to build a million units all at once to do anything, and logistically you can’t. |
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