Prices are artificially rising because ab 284 has artificially decreased supply (inventory).

Hi, I was recently talking to a liberal friend about how rent controls actually cause more housing shortages because they decrease the incentive for builders to build or redevelop.

Many buyers of these properties like to get a seller held second to decrease money down and increase COC.

I would estimate 5% decrease maybe.

Between staging a unit, changing the units to a "2 bed w/office" and worst case slowly decrease the rent prices by $10-$20/mo you should see some positive signs.

I fully expect prices to stagnate if not decrease as demand decreases.

You can expect a mad frenzy of posts as we get closer to the winning post by those trying to win what ever Josh decides will be  the grad prize.Just be forewarned that making frivolous posts like this one will increase your post count and if not voted on, will decrease your influence on BP, but hey, since when has that been an issue really?

Would it be possible to decrease the height and still maintain the number of units by constructing two, two-story buildings?

A massive deflation is coming: “Even if there’s going to be a disruption on people’s jobs, in the short term that’s likely to be made up by the decreasing cost of things we need, which I think is really important and not being talked about.”New technologies will make businesses not 10 per cent, but 10 times more efficient, he says.

Community: Using google maps, zoom to street level to ensure subject house is what is expected.Using Zillow.com, locate local school ratings.Using city-data.com, find out if the city is decreasing in populous.