A guy just transcribed 30 years of for-rent ads. Here’s what it taught us about housing prices
Michael Andersen
3.4K221

Good info and don’t really disagree with any observations -except — what exactly is fucked about this? It’s economics. Prices go up but that partly reflects wages.

San Francisco can keep building high rises and more housing, but in the long-run that probably won’t affecr prices, because no matter what the housing supply for SF will be limited by the fact that SF is only 7x7 miles. Supply will never meet demand, so prices will always be high.

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