Introduction

Beginning with the Gold Rush, San Francisco's economic history is one of long booms and sudden busts. In 2020, COVID work from home policies abruptly ended San Francisco's recent boom. The subsequent downtown decline coupled with rising interest rates have exacerbated the City's multifamily bust. Many owners with resetting low interest rate loans will be forced to sell in the coming year(s), setting up a tremendous San Francisco multifamily buying opportunity.