Indeed. This is one of the few things that could make the residential situation around here even worse. Provided we don't see another bust before then, it'll be interesting to see how bad it gets before even our municipality is forced to consider changes to policies like rent control. 2x NYC? 2x Manhattan? At what point do companies start looking for space elsewhere?
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Indeed. This is one of the few things that could make the residential situation around here even worse. Provided we don't see another bust before then, it'll be interesting to see how bad it gets before even our municipality is forced to consider changes to policies like rent control. 2x NYC? 2x Manhattan? At what point do companies start looking for space elsewhere?
That's why companies are opening offices in NYC..it's actually become cheaper in parts of NY than SF.
"Nobody goes there anymore. It's too crowded." - Yogi Berra