If you wanted to buy an existing old $750K unit, you’d need to have $150K as a down payment and be able to afford $3,800 in monthly payments. Developers don’t build affordable in SF bc production costs are too high. They can’t absent large taxpayer subsidyhttps://www.nytimes.com/2020/02/20/us/California-housing-costs.html …
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Replying to @kimmaicutler
Since you’re the most knowledgeable here — are there any circumstances you see in being able to lower costs per unit?
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Replying to @tolles
Why yes but I’ll can share more later....
9:21 PM - 20 Feb 2020
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