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Lower Rents in San Francisco Might Not Help Its Housing Troubles

(Daiwei Lu/Unsplash)

A host of American cities have experienced pronounced housing inequality since the century began. New York and Seattle both come to mind, but San Francisco stands out even more. Plenty has been written to date about the housing market in the Bay Area, including detailed analysis about how widening class inequalities and a tech boom have converged there. 

…According to calculations by the California Housing Partnership Corporation, the state needs 1.3 million additional affordable rentals overall — yet the pandemic may have slowed the process necessary to get there…