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Sculpture of Housing Prices Ripping San Francisco Apart

dougmccune.com

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Re: Sculpture of Housing Prices Ripping San Francisco Apart

#211

Post by laksjd »

imh wrote: post #159
bunkydoo wrote: post #138

If you don't like the house prices, move out of San Francisco

I don't like the housing prices. I would love to move somewhere I could afford a house with a nice yard, instead of my little condo. But I don't know anywhere else I can have the career security as a data scientist that I have here. If something goes wrong in the bay area, there are always tons of other places hiring.

But I guess that means that the prices are justified. If it's better for you to live in SF, even at the high rent/prices, than it is to move somewhere else, then the prices seem to be low enough.

Re: Sculpture of Housing Prices Ripping San Francisco Apart

#212

Post by ghaff »

seanp2k2 wrote: post #200
aetherson wrote: post #186

Earlier quoted context omitted.

"There are 2.6m cars registered in London. 54 per cent of London households have at least one car." -- http://content.tfl.gov.uk/technical-note-12-how-many-cars-ar... "Tokyo has the lowest number in the nation–0.46 cars per household" -- http://blogs.wsj.com/japanrealtime/2014/08/18/number-of-cars... I can't find cars per household for Paris, but cars per adult appears to be around 0.5, ( https://halshs.archives-ouve…

Re: HK, not sure if this is cause or effect but the taxis there are much more plentiful and much cheaper than the US. The current conversion looks to be 10HKD = $1.29 USD. A 3-mile cab ride in HK is 60HKD, or about $7.74 ( http://www.numbeo.com/taxi-fare/city_result.jsp?country=Hong... ) In SF it's almost $12: http://yellowcabsf.com/service/cab-fares/ If we scale that to a 10-mile trip, assuming no waiting or traffic…

In much of Asia generally, income disparity is such that middle class-ish people can and do hire staff for a lot of things that they couldn't do to the same degree in the US or Western Europe. Thus things like taxis are cheaper.

And Hong Kong is relatively expensive. My experience in southeast Asia is that, in some places, you can hire a car and driver for the day for maybe $50 or so. So--combined with how horrible driving in the big cities there are--many people just have drivers.

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