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A comment on Asking rents in San Francisco continue to slip, but…. Parent comment

Re:Asking rents in San Francisco continue to slip, but… by jjtheblunt on Monday April 26, 2021 @05:54PM (#26948725)
>Hence purchase prices are rocketing up and rental prices are drifting down.

Shouldn't the decrease in homes to purchase increase the demand for rentals?

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Re:Asking rents in San Francisco continue to slip, but… by senkora on Monday April 26, 2021 @05:58PM (#26948778)
If second homes are being rented, then the supply of rentals will also increase.
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Re:Asking rents in San Francisco continue to slip, but… by 8note on Tuesday April 27, 2021 @02:23AM (#26952667)
That depends on who's renting them?

If it's a business, they will leave it empty rather than lowering the rent

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Re:Asking rents in San Francisco continue to slip, but… by treeman79 on Monday April 26, 2021 @06:36PM (#26949167)
Don’t forget mega rental companies. They but thousands of homes, then rent them out. All with minimal possible repairs and no regards to safety.
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Re:Asking rents in San Francisco continue to slip, but… by PragmaticPulp on Monday April 26, 2021 @06:35PM (#26949162)
I read it as the homes were being purchased by landlords, increasing the supply of rentals
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