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Indybay Feature
apartment vacancies near 10%
several bay area cities, including Berkeley, and Sonoma have apartment vacancy rates near 10%.
Berkeley only has rent control tied to inflation on units built before 1979, and does not control rents on vacant units. http://www.bayarea.com/mld/bayarea/5769146.htm
Prices still have not fallen to 1999 levels.
Sonoma vacancy above 10%:http://www.pressdemo.com/business/news/06rents_e1.html
Prices still have not fallen to 1999 levels.
Sonoma vacancy above 10%:http://www.pressdemo.com/business/news/06rents_e1.html
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