It’s not fun anymore.
“Values could climb in subsequent years if the building is repairable.”
Didn’t do what when they built the most luxurious condo tower in California?!
Already happening, with impeccable timing.
Apartments Start Offering Move-in Incentives as Tenant Demand Slows.
Mega-landlord prepares for downturn.
Few housing markets are crazier than San Francisco’s. But what had to happen is starting to happen: while house prices continue to soar, a phenomenal building boom is causing a condo glut that will reach dizzying proportions as new condo towers are completed. And now the dynamics of the market have reversed. The median condo…