Re:Ask HN: Laid off folks, are you getting hired?
by latchkey on Thursday February 09, 2023 @04:36PM
(#34731875)
And? You're taking something personally and proving my point with that statement.
The millions of people who live there, already live there. That doesn't increase demand. It is a large state, so there is plenty of space to build. Density is centered around three locations and the largeness of the state means that people can expand out to the suburbs.
What you want is somewhere with a high density, inability to add more property and desirable for vacations (like a beach with views). San Francisco was kind of a good example of this for a very long time, until it wasn't. There are other cities on coastlines that fit this model though.
Buy a condo that has dual use (STR), refurb it, flip it.
The millions of people who live there, already live there. That doesn't increase demand. It is a large state, so there is plenty of space to build. Density is centered around three locations and the largeness of the state means that people can expand out to the suburbs.
What you want is somewhere with a high density, inability to add more property and desirable for vacations (like a beach with views). San Francisco was kind of a good example of this for a very long time, until it wasn't. There are other cities on coastlines that fit this model though.
Buy a condo that has dual use (STR), refurb it, flip it.