It's escalating construction costs too but proposals are probably down like 1/3 or more from last year
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they've been flat YOY or even down.
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holy moly. i got a relatively great price when i moved in Jan... wasn't planning on staying too long, but yikes @ what this'll do to pricing
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We got a huge package through the California state legislature last week but the current supervisor helped tank production w/ Prop C
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What possible political motivation could there be to limit housing options in SF?
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SF developers had enough of commuting Lol
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Seattle, Facebook's committed to space enough for 5000 over next 2-3 years. If they don't commit to another building in 6mos, be a surprise
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East bay real estate is fucked.
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I keep saving to buy a house and the prices keep going up.
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Interesting. Makes them a much more attractive for folks who want to live in SF. Bad news for other SF companies where commute is a bonus.
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