San Francisco House Prices Plunged Faster (-29%) in 16 Months of Housing Bust 2 than in the First 16 Months of Housing Bust 1 by Wolf Richter • Aug 17, 2023 • 140 Comments But the Bay Area cannot keep up with the spectacular collapse of prices during Housing Bust 1. That had been a doozie.
I’ve Had it with Stupid Stuff about Hotels in San Francisco: Park Hotels & Wall Street Screwed Shareholders, Bond-Fund Holders, and Pension Funds, but Blame San Francisco? by Wolf Richter • Jun 12, 2023 • 127 Comments The clueless WSJ reporter needs to be taken to the woodshed. That kind of BS article doesn’t belong in the WSJ.
What Are Older Office Towers Worth? Here’s the First Sale in San Francisco’s New Era of Office CRE by Wolf Richter • May 9, 2023 • 116 Comments Union Bank made a deal to sell its tower at 75% off original listing price, setting the first new benchmark. Other towers waiting in the wings.
San Francisco Office Market Turns into Nightmare, in Two Easy Steps. Step 1: Hogging Office Space; Step 2: Working from Home by Wolf Richter • Apr 4, 2023 • 125 Comments Step 3: The economy… but that step hasn’t happened yet.
Population Drops Even More in California, San Francisco Bay Area, Coastal Southern California. San Francisco -8% from Peak! But 19 Inland Counties Grow by Wolf Richter • Mar 30, 2023 • 170 Comments Where is demand for homes supposed to come from when the population keeps declining?
How Many People Were Actually Laid Off So Far in California? The Counties & Companies with the Biggest Layoffs by Wolf Richter • Feb 20, 2023 • 124 Comments Still not many layoffs, but concentrated in the San Francisco Bay Area. Workers found new jobs quickly, and employment in California still rose.
San Francisco Bay Area Housing Market Crashes, Prices Plunge 35% from Crazy Peak: Where’s Demand Supposed to Come From? by Wolf Richter • Feb 17, 2023 • 244 Comments In the first 10 months of Housing Bust 2 (now), the median price plunged a lot faster than in the first 10 months of Housing Bust 1 (2007-11).
“Wetsuit Shaming,” LOL: WOLF STREET Drags WSJ Through San Francisco Bay Mud for the Clickbait Flotsam it Published about Cold-Water Swimming by Wolf Richter • Jan 24, 2023 • 114 Comments Kudos to the Wall Street Journal for having excelled once again with such acuity.
How Many People Were Actually Laid Off So Far in San Francisco and Silicon Valley? by Wolf Richter • Jan 24, 2023 • 85 Comments The WARN filings, by company.
San Francisco Bay Area House Prices Plunge 30% from Crazy Peak: Housing Bust 2 by Wolf Richter • Jan 19, 2023 • 201 Comments Hammered by waves of layoffs, swooning stocks, collapsing cryptos, and 6% mortgage rates.
