California Condo Prices Slashed as Homes Sell for Half Their Original Value

/ Owner - December 14, 2024

San Francisco’s housing market is still suffering, with condos in the Californian city being sold for as little as half their original value.  The city—a magnet for the thriving tech sector—expected a rise in housing demand after rapid developments in the artificial intelligence (AI) industry. However, sales on condos, particularly in the downtown area are still making losses, to the point where San Francisco is the only major city in the U.S. in which it is cheaper to live now than it was five years ago.     Read the article…………………………….

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