San Francisco Real Estate - Janice Lee

Wishing everyone a happy and prosperous new year!  

 This year in Bay Area commercial real estate, the hot topics ranged from a continued housing crisis to the specter of rent control to cracks that shut down the new transit center. Here are some of the stories we were following in 2018: Continued Housing Crisis Throughout California, the housing crisis was a leading topic of conversation this year. Some people continued to move to the Bay Area, particularly for high-paying jobs such as those in the tech industry. But with high rents, high home prices and a high cost of living, some people left. Many of those leaving the area were workers with lower incomes who could not afford the cost of housing and could not find adequate workforce housing. The housing crisis has affected all sectors, from how much affordable housing is demanded of multifamily developers to the looming affordable housing crisis for seniors. Residents who have been displaced and are now homeless create new issues on the streets of San Francisco and Oakla...