KPIX CBS July 3, 2024
Had the biggest gaps between renting and buying. So, in San Francisco, oakland, berkeley area, renters pay about 3500 a month. Compare that to a mortgage payment of 8500. A similar situation in the south bay, rent is about 3200. Mortgage is 8500. Bank rate says one of the reasons for the staggering gap is low housing inventory. California has been trying hard to build up the supply. It has been a challenge. So, one of the solutions, socalled backyard homes. Or, accessory dwelling units. In recen...
Source: archive.org