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A comment on California bill to add more housing in single-family neighborhoods blocked. Parent comment

Re:California bill to add more housing in single-family neig... by xvedejas on Thursday May 16, 2019 @06:31PM (#19934093)
No, the data does not suggest otherwise. I won't be surprised if Vancouver is very different from San Francisco, which has extremely low vacancy rates.

https://sf.curbed.com/2019/3/21/18276227/vacancy-rate-san-jo...

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Re:California bill to add more housing in single-family neig... by anon1m0us on Thursday May 16, 2019 @06:40PM (#19934177)
The subtitle of that article is "But that still leaves more than 100,000 Bay Area homes empty"

So, yes -- it does.

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Re:California bill to add more housing in single-family neig... by xvedejas on Thursday May 16, 2019 @07:30PM (#19934529)
This is a lower rate than elsewhere in the US.
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Re:California bill to add more housing in single-family neig... by anon1m0us on Thursday May 16, 2019 @07:48PM (#19934649)
There are fewer than 10,000 homes for sale in the SF Metro area. That means, there are 10x as many homes vacant as are for sale.

If there were 10x as many homes for sale as are currently for sale, what do you think that'd do to the price of homes in the area?

Source: https://www.mercurynews.com/2019/02/14/the-bay-area-has-more...

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