Your property being up 800% is not you doing ok.
It is a sign of a deeply broken system.
It is a sign of a deeply broken system.
Yes it is. Pulling a simple permit takes months and thousands of dollars. Building a new house is practically out of the question.
The SF Bay is deeply supply constrained but just because tech billionaires here can buy up a dozen homes while offering millions over asking, the city gets their taxes and so they are not incentivized to improve things.