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A comment on Newsom signs legislation to boost California’s housing supply. Parent comment

Re:Newsom signs legislation to boost California’s housing su... by ajross on Thursday September 16, 2021 @09:42PM (#28560190)
> Density is almost always developed as rental units

I'm all but certain that's not true. Virtually all non-single-family new construction is aimed at condo sales. Rentals are what you do with depreciating units, not stuff you just built.

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Re:Newsom signs legislation to boost California’s housing su... by alistairSH on Thursday September 16, 2021 @10:01PM (#28560353)
Anecdotally that’s not true here in DC metro. Local to me, most apartment blocks are luxury rentals ($3000/month for a 2-bed). Then there are large townhomes mixed in the same development for sale in the $800k+ range. And not a lot of condo units being built.
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