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Who's Fancy Now?

Multifamily apartment buildings with five or more units in the Tenderloin are now 20 percent more expensive than those in traditionally tony Marin. High rents in San Francisco have led to skyrocketing prices for apartment buildings, which are viewed by buyers as a safe investment. The multifamily market is also facing the same inventory crunch as that plaguing San Francisco's single-family home stock. [SFGate]