Downtown San Jose has been on an overall downward trend since the start of covid lock down.

Not as bad as downtown SF or downtown Oakland though.

Any links?

Yes it’s been mostly people not needing to be in the office following post Covid work from home policies, causing people to move from areas where the main attractor was being close to their in person job.

data points to no:

https://calculatedrisk.substack.com/p/4th-look-at-local-hous...

prices may not rise but there’s no inventory.

Only increasing housing density will decrease housing prices substantially.

Supply and demand. Without the expected demand of the San Jose Google campus, it's possible that prices drop without building anything.

Population growth and decades of supply constraints say hi.

Suggestion. Turn 80 acres into housing

curious about this too