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Big Scary Numbers

File under really scary charts: Socketsite's inventory for properties on the market and coming to the market. In an effort to include everything for sale and in the pipeline there's not much nuance. But shit, 5,175 units in the near-term are a lot of new housing, especially when condos remain unsold in ill-concieved projects like The Beacon and The Palms. Will the dream of owning something in San Francisco (and making less than a $100K) come true, or look we just look forward to some deep relaxation in the rental market? Otherwise, somebody's building ghost towns. Hm. That's a thought. Banks, no doubt, are watching.
· Complete Inventory Index [Socketsite]
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