When It Comes To Apartments, Luxury Is In Demand
San Diego’s appetite for luxury apartments is coming back as strong as ever, if it even waned during the COVID-19 pandemic.
At least one economist said the market never wavered, although some landlords were offering concessions when the pandemic was at its worst.
“COVID hardly had any effect,” said real estate economist Alan Nevin, director of market research for the Xpera Group.
Nevin said construction of luxury high rise towers downtown has continued pretty much unabated, with luxury apartments going up elsewhere as well.