Housing Supply Reduced by Less Than One-Tenth of a Percent: Everybody Panic!

According to the 2013 American Community Survey, San Francisco has 381,000 housing units. The San Francisco Chronicle has found that about 350 of them are used as full-time vacation rentals through Airbnb. This, says the paper, “bolster[s] claims by activists that the service removes scarce housing from the city’s limited inventory.”


Supporters of Airbnb held a rally last October to persuade the city to legalize the service. Flickr photo by Kevin Krejci.

Since they live in one of the least affordable housing markets in the country, San Francisco residents are understandably sensitive to housing affordability. However, they are quick to blame high housing costs on everything but the real culprit. If it’s not Airbnb, it’s the Google, Apple, and Facebook buses taking people to work in Silicon Valley.

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