Re:AirBnB units drop by 74% due to SF regulations
by usaar333 on Thursday January 18, 2018 @01:48AM
(#16175217)
Thanks for the citation. I'm a bit skeptical of Zillow's numbers; they look pretty volatile (e.g. they show 2016 with 0% appreciation)
Anyway, according to zillow last 2 years is 7% average - and since depth of recession 8 years ago, 8.6%. 12.8% is likely a statistical abnormality. (Of note 10 year average is 5% vs. ~8.5% for SP-500 index funds)
The reason I have a lower rent figure is that rents haven't gone up as quickly, as much of the new construction has been focused on rental stock.