Berkeley Rents Fall Amid Construction Boomdarrellowens.substack.com 3 pointsbroken_clock3 years ago2 commentsSaveHideCopy link On HNComments−starbase3yIn addition to increased housing supply, Berkeley's population decline of 2% per year (since 2020) may be a factorhttps://www.census.gov/quickfacts/fact/table/berkeleycitycal...−broken_clockOP3ytl;drPopulation is at all time high, yet a building boom has seen rents in inflation-adjusted dollars is below 2016.
Comments
In addition to increased housing supply, Berkeley's population decline of 2% per year (since 2020) may be a factor
https://www.census.gov/quickfacts/fact/table/berkeleycitycal...
tl;dr
Population is at all time high, yet a building boom has seen rents in inflation-adjusted dollars is below 2016.