Why does the world keep rubbing salt on the wound for the condo market?

Skyrocketing insurance + HOA costs. Mortgage blacklists. And now, a new balcony inspection requirement because of an obscure state bill (SB-326) going into effect this year. Weren't condos supposed to be the most affordable product for first-time buyers? Seems like that is eroding.

I'm a real estate reporter at The San Francisco Standard trying to shine a light on what's happening this year. If you or someone you know is going through it recently — for any of the issues listed above — I'd love to hear about it here, or you can shoot me a DM or note at knguyen@sfstandard.com

Posted Apr 15, 2025, 7:41 PM UTC

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