San Francisco, CA--There's no doubt that the demand for living in San Francisco would, under an open market, create far more housing; this, in essence, is what the high prices and Nimby battles are all about. But one remaining mystery would be—void of the regulatory barriers, what type of housing would all this demand create? Existing data and anecdotal observation suggests that a lot of it would be micro housing. San Francisco is also seeing some micro housing growth, most notably from developer Patrick Kennedy, of the firm Panoramic Interests. ULI also found that micro housing tenants tend to be young, single and male, and value proximity to services and the ability to live alone, rather than more space.

Source: Forbes April 01, 2017 00:45 UTC