Quote:
Originally Posted by the urban politician
^ This has nothing to do with being Covid "hotspots" as much as it has to do with shutdowns.
Chicago had a fraction of Covid deaths as NYC, for example, but both cities were shut down and both economies were hence effectively "shut down" similarly. I imagine SF is in the same boat.
Point being, starting from that point, with there being a dearth of new supply over the next few years, the early entrants into the market 2-3 years from now will likely be rewarded handsomely?
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And, as I said, the shutdowns don't seem to have affected construction in SF. But let's just make sure the facts are correct as well.