Alt view: as the nation ages, a lot of retirees from cold states will move to Florida driving up prices there. (Before the drop).
San Fran I cant comment on because I can only discuss rational markets.
San Fran I cant comment on because I can only discuss rational markets.
Doesn't this imply a bad future? Also since San Fran is cold, I can see it losing its geographic appeal.
Cold compared to where? (Maybe your reference is Honolulu and Miami?) What part of SF are you talking about?
The lowest low temperatures of the year where I live in SF are among the highest anywhere in the country. We use a heater around this time of year, but it would be reasonably comfortable to go without.
It is sunny most of the time, I would say at least 250 days/year. The typical day throughout most of the year is “warm”: the kind of weather for wearing jeans and a long sleeved shirt (so the sleeves can be rolled up or down), but no sweater.
It is seldom “hot” (occasionally temperatures in the 90°F range), and average high temperatures in the summer are cooler than most of the continental US. We don’t use AC at all.
Again, which part of SF are you talking about?