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rcme
3y ago
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No, because the broader point still stands that many properties are owned by investors. Also, 7k is the number of parcels, which can include apartment buildings containing hundreds of units counted as a single parcel.
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grandmczeb
3y ago
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Your original comment alleges an “ oligopoly”. How many units would you guess all 12 owners have across the 7k properties?
rcme
OP
3y ago
Yes, I admit that "oligopoly" is a mischaracterization (based off of the original article), but over 60% of housing units in SF are not owner-occupied (as of 2021):
https://www.census.gov/quickfacts/fact/table/sanfranciscocit...
grandmczeb
3y ago
If there's no oligopoly, why does it matter that a lot of people rent? What part of your original comment does that support?
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