Bay Area apartment construction lags as rest of the country booms
https://www.siliconvalley.com/2022/09/12/bay-area-apartment-construction-lags-as-rest-of-the-country-booms/
From Miami to Seattle, apartment construction is booming as cities across the country rebound from the pandemic. But in the Bay Area, it’s a different story.
While U.S. apartment building is at a 50-year high, San Francisco is expected to see a 58% drop in the number of apartments completed this year, according to data from rental listing site RentCafe.
Bay Area apartment construction lags as rest of the country booms
Sep 12, 2022, 2:15pm UTC
https://www.siliconvalley.com/2022/09/12/bay-area-apartment-construction-lags-as-rest-of-the-country-booms/
> From Miami to Seattle, apartment construction is booming as cities across the country rebound from the pandemic. But in the Bay Area, it’s a different story.
> While U.S. apartment building is at a 50-year high, San Francisco is expected to see a 58% drop in the number of apartments completed this year, according to data from rental listing site RentCafe.