Berkeley Rents Fall Amid Construction Boom | Hacker News

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		Berkeley Rents Fall Amid Construction Boom (darrellowens.substack.com)
		3 points by broken_clock on Sept 6, 2023 \| hide \| past \| favorite \| 2 comments

starbase on Sept 6, 2023 | [–]

In addition to increased housing supply, Berkeley's population decline of 2% per year (since 2020) may be a factor

https://www.census.gov/quickfacts/fact/table/berkeleycitycal...

broken_clock on Sept 6, 2023 | [–]

tl;dr

Population is at all time high, yet a building boom has seen rents in inflation-adjusted dollars is below 2016.

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