Re:Average Rent in San Francisco Has Dropped $1k This Year
by fennecfoxen on Monday December 28, 2020 @12:20PM
(#25560984)
That article puts the price of a new 5-room apartment in 2010 at $448,700 Singapore dollars (USD $337,000 at today's exchange rate). That's about 50% of the NYT's cited 2BR=USD$750k that doesn't even include the price of the land.
San Francisco as a political entity has neither the will nor the project management capacity to build anything at reasonable prices.
San Francisco as a political entity has neither the will nor the project management capacity to build anything at reasonable prices.