Comment by socalgal2
2 hours ago
This is a common opinion that never actually matches the facts.
The issue is all the things blocking supply. As long as supply is blocked, prices will go up, Period
2 hours ago
This is a common opinion that never actually matches the facts.
The issue is all the things blocking supply. As long as supply is blocked, prices will go up, Period
But why allow e.g. Chinese investors to buy property in SF if they aren't even going to live there?
Do they pay property taxes?
Maybe but that will certainly not bring down prices for the average US citizen looking for a home.