Re:San Francisco braces for commercial real estate crash
by lotsofpulp on Tuesday September 06, 2022 @04:06PM
(#32742537)
The relevant metric is did a place become far more desirable to far more people. Which seems obvious when information becomes more and more available, culminating with instant transmission of pictures and videos and forums that create lists of the most scenic or best weather or best beaches, etc.
This is also ignoring sheer population growth, and the unrivaled economic behemoths that have come out of California since the 1950s and produced a ton of wealth for Californians.
This is also ignoring sheer population growth, and the unrivaled economic behemoths that have come out of California since the 1950s and produced a ton of wealth for Californians.