Buy A Loft In San Francisco

Written by Robert Mac
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If you buy a loft in San Francisco, you don't have to worry about resale opportunities later on like you would in other places. People don't invest in single-person housing--lofts, condos, and small apartments--as much as they do in housing for families in most markets. The single-family home is a proven investment: always in supply and demand.

In San Francisco, though, this phenomenon is skewed by the city's make-up. It's not a city for families--it's nearly 60 percent singles--and the percentage of children is one of the lowest in the nation. Bottom line: single-family homes aren't in demand in the city as they are in the rest of the country.

Who Would Buy a Loft in San Francisco?

The Bay Area attracts a lot of high-income professionals, urban hipsters, empty nesters, and others who don't need a large house but want to invest in the city's housing market--they want to buy a loft. In San Francisco, lofts tend to be in low maintenance buildings in the middle of the hustle and bustle--no yards to mow or gutters to clean out. Singles don't need the room of a family-sized house, either, just the streamlined efficiency of a loft.

When you buy a loft in San Francisco, you can have confidence that it will continue to be in demand. San Francisco has attracted single people for more than 150 years, and the corporate industries in the area--financing, high tech, and investing--will continue to lure young single professionals. When it's time to move out of your loft, you're sure to find someone wanting to jump into it.

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