Bay Area apartment construction lags as rest of the country booms

Bay Area apartment construction lags as rest of the country booms

2 years ago
Anonymous $CIOZ56dzxX

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.

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