This SF housing crisis is a self made one..
According to 2013–2017 American Community Survey 5-Year Estimates, there are approximately 390,376 housing units in San Francisco. A study from SPUR in 2012 reported that around 30,000 residential units in SF are vacant. That means that around 1 in 12 residential units are vacant. Vacant residential units. This doesn’t even include vacant commercial units.
The 2012 ACS reports a total vacancy number in San Francisco of roughly 30,000 units which consists of four basic categories of vacant units:
- Rental units that are in the process of being rented (“for rent”) or units that have been rented, but are not yet occupied (“rented, not occupied”) — about 8,900 units
2. Ownership units that are in the process of being sold (“for sale”) or units that have been sold but are not yet occupied (“sold, not occupied”) — about 2,400 units
3. Units used for seasonal, recreational or occasional use — about 9,100 units
4. Other vacant units not in any of the categories above — about 9,700