Around 7,500 units of housing have been built in San Francisco since January 1, 2010. Over the same five years, the number of employed residents has increased by 74,000. And in a nutshell, that ten-to-one ratio has been driving the trend in rents and property values.
With nearly 7,000 unit of housing currently under construction in the city, will the same trends hold in 2015? We’ll dive into that question and more, including a review of the City’s draft housing needs analysis and new goals, next week.