This is generally not true in areas that are desirable to live in. Lots of slack... | Hacker News

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sseveran on June 24, 2014 | parent | context | favorite | on: Rental home shortage is America's next housing cri...

This is generally not true in areas that are desirable to live in. Lots of slack capacity has been removed from the market.

jqm on June 24, 2014 [–]

Desirable is relative. I wouldn't live in SF for 3 times my current salary. It just isn't my thing and lifestyle is extremely important to me.

Maybe you mean a few highly populated cities that are booming at the moment. If so, I'm sure you are correct on that point.

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