Rising Rents Are Pushing More Tenants Past the Breaking Point

Re:Rising Rents Are Pushing More Tenants Past the Breaking P... by nikdaheratik on Thursday October 26, 2017 @08:52PM (#15564670)

That's not always the case. In places like SF, the only way to build is up, which is expensive, requires alot of capital, and is risky by itself even if you don't have NIMBY people fighting it. In this case, Monopoly has it exactly right as far as the costs and values of putting a new hotel on Boardwalk vs. putting 4 hotels on Mediterranean Ave.

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Re:Rising Rents Are Pushing More Tenants Past the Breaking P... by asabjorn on Thursday October 26, 2017 @10:01PM (#15565051)

What data do you have that building a high rise in San Francisco is financially risky? To the contrary cities like San Francisco is a gold mine for rent seeking as there is such a pent up demand for housing after many decades of under building and the rents are so high that building a high rise is unlikely to carry much risk at all compared to other asset classes.

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Re:Rising Rents Are Pushing More Tenants Past the Breaking P... by princeb on Thursday October 26, 2017 @10:15PM (#15565131)

> the only way to build is up, which is expensive, requires a lot of capital, and is risky by itself

inherently more risky than building up in any other city, like NY or HK?

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