it's almost as if econ 101/ supply & demand are real things!
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especially when we assume demand hasn't dropped
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@AaronMesh@lukespray Next thing you'll be saying is new units generated additional tax revenue & supported local businesses!Thanks. Twitter will use this to make your timeline better. UndoUndo
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Almost every new apartment building in SF is now offering discounts/1 month free or other specials. More supply than demandThanks. Twitter will use this to make your timeline better. UndoUndo
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Just in time for next round of IPOs!
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Which also goes to show the real costs of all the bureaucratic delays that SF imposes on new construction.
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@pmarcas_likes you mean supply and demand actually works??? Stop the madness!!!!!!Thanks. Twitter will use this to make your timeline better. UndoUndo
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@lukespray Excuse me but I think there should've been an environmental impact study on this tweet before you posted it.Thanks. Twitter will use this to make your timeline better. UndoUndo
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good thing we stopped this year! Phew. Wouldn't want rents to actually fall...
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