Average Rent in San Francisco Has Dropped $1k This Year
Dear SF,<p>More apartments built will not help make housing more affordable for normal people.<p>Learn about the NYC real estate market- even pre covid apartment vacancy was extremely high, and the true numbers are unknown because building developers are manipulating the market by releasing units slowly.<p>With all the excessive inventory in NYC, you'd think that a normal person (defined by median income) could afford to buy... But it's still not possible here.