POLARIS PACIFIC PARTNER PAUL ZEGER ON WHY THE SAN FRANCISCO HOUSING BOOM ISN’T ENDING ANYTIME SOON.
The tech industry’s fortunes have fueled much of San Francisco’s housing boom over the past several years, so reports of a’startup slowdown’have raised concerns among real estate investors. A’new Polaris Pacific analysis, however, shows there is every reason to expect continued,’steady growth in the city’s condo market: inventory levels remain historically low and well below the six months of supply considered the benchmark for a balanced market. Polaris Pacific partner Paul Zeger'(that’s a trout he’s holding’more on that later) believes the new inventory “doesn’t begin to address” the current demand.’We spoke with him recently on the’state of the San Francisco housing market’and what the city can do to’better address the challenges it faces.