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Housing Watch

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Though many things about San Francisco's housing market are legitimately freakout-worthy, absentee owners are, apparently, not among them. According to a new report from SPUR—sexily titled "Non-Primary Residences and San Francisco's Housing Market"—9,075 of the city's units are vacation residences, amounting to 2.4 percent of SF's housing stock. SPUR's analysis uses numbers from the 2012 American Community Survey, so it doesn't capture the market's most recent upswing, but overall the researchers find that nonresident owners are "not a major driver of housing costs (at least not yet)." [SPUR/Photo via Erik Wilson]