I think Minneapolis is an interesting data point on there, since I've been told (and the data here reflects) that housing in Minneapolis is on par with Chicago right now, but the salaries haven't caught up. Minneapolis ranks as one of the worst Annual Salary After Rent cities, even behind LA and Seattle, which comes as a surprise. Also one thing I've found as I work through a move from an expensive city (SF) to a les…
The Places in America Where Most Income Goes to Rent
21–30 of 154 posts
Re: The Places in America Where Most Income Goes to Rent
#22Re: The Places in America Where Most Income Goes to Rent
#23They're skewing the data to fit their narrative by only looking at medium rent for a 2 bedroom apartment.
Re: The Places in America Where Most Income Goes to Rent
#24I think Minneapolis is an interesting data point on there, since I've been told (and the data here reflects) that housing in Minneapolis is on par with Chicago right now, but the salaries haven't caught up. Minneapolis ranks as one of the worst Annual Salary After Rent cities, even behind LA and Seattle, which comes as a surprise. Also one thing I've found as I work through a move from an expensive city (SF) to a les…
Re: The Places in America Where Most Income Goes to Rent
#25I think Minneapolis is an interesting data point on there, since I've been told (and the data here reflects) that housing in Minneapolis is on par with Chicago right now, but the salaries haven't caught up. Minneapolis ranks as one of the worst Annual Salary After Rent cities, even behind LA and Seattle, which comes as a surprise. Also one thing I've found as I work through a move from an expensive city (SF) to a les…
Re: The Places in America Where Most Income Goes to Rent
#26Re: The Places in America Where Most Income Goes to Rent
#27Well, ok, "average" across all 2BR in the city. That doesn't really tell the full story and will be drawn up by high outliers.
There are a lot of methodology problems here.
Re: The Places in America Where Most Income Goes to Rent
#28The confluence or random circumstance and intentional lobbying that have allowed SF area landlords to ensure that a low stock of housing is maintained in the face of skyrocketing demand is truly fascinating.
Everything always seems behind. When I lived in mountain view, local papers were full of old school residents complaining about nearly finished new housing on Castro that a bunch of googlers would move into. Like... The time to preserve your small town setting passed about 20 years ago lol. It's no longer apricot field town, it's silicon valley, it's staying silicon valley. Why not profit off the rising land values?
https://groups.google.com/forum/#!original/alt.folklore.comp...
Newsgroups: alt.folklore.computers
Path: sparky!uunet!stanford.edu!nntp.Stanford.EDU!abercrombie.Stanford.EDU!paulf
From: pa...@abercrombie.Stanford.EDU (Paul Flaherty)
Subject: Re: Sillycon Valley history
Message-ID:
Sender: ne...@leland.Stanford.EDU (Mr News)
Organization: DSO, Stanford University
References:
Date: 11 Mar 93 18:25:19 GMT
Lines: 20
dpa...@csulb.edu (Dave Palmer) writes:
>From what I understand, the shine is rubbing off. The cost of housing is
>ludicrous, and companies are fleeing to places like Arizona. But you
>still can't throw a silicon wafer in Cupertino without hitting an Apple
>facility.
I think it's fair to say that Silicon Valley is dead. Cheap venture capital,
minimal startup cost, access to university researchers, and good inter
business communications fueled an engine which turned ideas into products.
You can now find venture capital elsewhere, with the discount rate being
what it is. The cost of housing and office space has spiraled out of
control, thanks to the environmentalists and Prop 13. The trade secrets
and intellectual property mania have pretty much destroyed open cooperation.
The universities remain, but aren't the driving force they used to be.
The place has a much different, more ossified feel to it than it did seven
years ago.
-=Paul Flaherty, N9FZX | "My boy, we are pilgrims in an unholy land."
->pa...@Stanford.EDU | -- Dr. Henry Jones Sr.Re: The Places in America Where Most Income Goes to Rent
#29Re: The Places in America Where Most Income Goes to Rent
#30Earlier quoted context omitted.
The median home price in Santa Rosa is astronomical. Perhaps you meant Chico, or Corvallis, or something like that.
It's pretty high, I'll grant you - but 1/3 that of San Francisco. And the rent is correspondingly lower. Chico etc are significantly lower than that, of course, but they're a longer drive away - Santa Rosa is just an hour on the 101 from SF.