Once Booming San Francisco Apartment Market Goes in Reverse

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The apartment vacancy rate in San Francisco rose to 6.2% in May, up from 3.9% only three months ago

The apartment vacancy rate in San Francisco rose to 6.2% in May, according to apartment data firm RealPage. That’s up from 3.9% only three months ago, after stay-at-home orders went into effect and more people in the city decided not to renew their leases.

 

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Once folks are back to work, it will come down to normal levels....

You mean people don't want to pay millions to be surrounded by leftist policy induced squalor?

Wow. People are leaving that cesspool? I'm shocked.

This will increase as those who can will continue to leave

michelletandler

This is necessary. The market has been criminally inflated for a long time. SF is a nightmare with drugs, homelessness, and do nothing corrupt city governments. People are sick of it and leaving in droves. I did a couple months ago.

6.2%? Only 6.2%? Can someone help with the apartment vacancy rate in Accra?

Désaffection pour une ville de gauche ?

Meaning what?

Only the beginning. Long time coming

ADmomof3 No one wants to live where people defecate on the sidewalks

COVID19 resets our lives. Move to Suburbia, Surplus Office space as Americans work partly from home & shared space catches on, Less commute, resulting in less congestion. As we slow down, environment & appreciation of nature get a breather. It will affect all major cities

People will move out of California after this Covid attack by the Democrats and their weak leadership. Unfortunately other states will now have to deal with Liberal Democrat voters. 😥

Rent is too high in SF. With everyone able to work remotely now, (if they still have a job) who’s gonna spend all that money?

Hahahahahahahahahahahahahaha

I'd love to see them make it a ghost town. All they'll have are the homeless.

How is it possible that any person or company going against the BLM campaign is publicly ousted & forced to apologize, yet people & companies still publicly support Trump with no problem? We need to be just as furious at Trump voters as we are at racists! They're The Same People!

Who the hell still wants to live in SpeakerPelosi’s district? It’s a shithole.

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