San Francisco has seen huge growth but constructed basically no new units
I've lived in SF for over 15 years -- this is obviously false. You could argue "not enough" units, but if you haven't seen new construction of multiple large buildings in multiple neighborhoods (Hayes Valley, Mission, SOMA, Market st., Potrero Hill, Mission Bay), then you haven't been in SF.
Literally walking around on the street, you can see thousands of new units. There was a pretty big uptick sometime around 2014 or 2016 as well. That said, prices are still the about highest in in the nation from what I can see.
I've lived in SF for over 15 years -- this is obviously false. You could argue "not enough" units, but if you haven't seen new construction of multiple large buildings in multiple neighborhoods (Hayes Valley, Mission, SOMA, Market st., Potrero Hill, Mission Bay), then you haven't been in SF.
Literally walking around on the street, you can see thousands of new units. There was a pretty big uptick sometime around 2014 or 2016 as well. That said, prices are still the about highest in in the nation from what I can see.