What's your mental model of how housing prices in San Francisco will change over the course of the next ~5-10 years?
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Why do you expect SF will look like downtown Johannesburg in ~18 months?
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Couldn’t have said it better, myself. Agree 100%.
It’s easy enough to many of us to move and maybe hitting rock bottom is the only way for CA/SF to rebound but I do wonder whether anything can actually be done at this point short of an entire rip & replace, benevolent dictator.