> What number of vacant, newly built units do you believe will actually bring pr... | Hacker News

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		stale2002 on March 1, 2023 \| parent \| context \| favorite \| on: Apartment rents fall as new supply hits market > What number of vacant, newly built units do you believe will actually bring prices down? When the residential vacancy percentage rate is more like 15%, then I expect that prices will crash hard.

hindsightbias on March 1, 2023 [–]

Total housing units 346,527

60000/346527 * 100 = 17%

https://www.infoplease.com/us/census/california/san-francisc...

stale2002 on March 2, 2023 | [–]

Actually the number is a bit below 10% vacancy rate.

The vacancy rate is a bit above the national average, but not by much.

https://sfist.com/2022/02/01/report-10-of-san-franciscos-hou...

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