Tootfinder

Here’s a perfect encapsulation of why #YIMBY hopes for new market-rate housing to lower rents are in vain. San Francisco has the highest rents in the country, but still not high enough for developers to build. It “could really help” if our extreme rents got even higher, though!

This week: SF rents hit No. 1 — but developers say they need more
Developers still struggle to raise equity