San Diego Housing Market News and Analysis
SB9: Sell? Develop?
User Forum Topic
Submitted by OnPoint on September 9, 2021 - 9:16am
SB9 will allow:
So current SFH's can go to 6 units.
SB10 would allow up to 10 units near transit zones.
Without taking a side on this (I see benefits to both), I'm curious to hear Pigg projections on impact to existing SFH values?
Will SFH prices go UP because rental income potential goes up 6x-10x for a given property?
Will SFH prices go DOWN because suburbia will now become a parkingless rabbit warren?
Kinda weighing this against likely pending increase in capital gains rates.
Sell now? Hold & develop?
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