What type of San Francisco discounts do you think we’ll see (renting and buying)? And when do you think it will start?
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Typically takes a year for landlords and owners to capitulate, so expect another six months of debate around “it’s not worth X” from the buy side and “I’m not selling for less than X” — in Q4/Q1 folks will start saying “oh well, i will take it.”
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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Commercial 20-50%, residential 10-20%
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It’ll happen quicker in areas with a high concentration of Airbnb listings ie Miami. No one visiting and a soft long-term rental market. We’ve never seen the consequences of a shock in a market with a high short-term housing ratio.
End of conversation
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