16% is not alarming to me given the situation and how ridiculous real estate is in SF. I expected a higher number than that.
What is a typical rate? 16% seems Very high to me but I’m not familiar with the market
San Francisco Tenants Break Leases at Alarming Rates
21–30 of 62 posts
Re: San Francisco Tenants Break Leases at Alarming Rates
#22Earlier quoted context omitted.
Did you move out of bay area completely, or to a place more affordable. Am in cupertino and been thinking should I move or not?
I'm originally from the Midwest, so I moved back with my parents for a bit of time. Luckily, I'm a massive minimalist so it was easy for me to just pack up and drive across the country without any issues. I'd like to come back, but my company has consider allowing me to stay here. If it's with the same pay, it would be a no-brainer. But I do love/will miss the Bay Area. I'll probably be back when I'm a bit more finan…
Curious if you are leaving a lot of friends behind; or rather, how easy it was to make persistent friends when you arrived in the Bay Area. I find it’s hard to meet people where I live, most of my friends are from school
Re: San Francisco Tenants Break Leases at Alarming Rates
#2316% is not alarming to me given the situation and how ridiculous real estate is in SF. I expected a higher number than that.
It's not even 16% of rentals; it's 16% of the surveyed owners who, on average, rent more than 30 rental units each.
Re: San Francisco Tenants Break Leases at Alarming Rates
#24Earlier quoted context omitted.
Did you move out of bay area completely, or to a place more affordable. Am in cupertino and been thinking should I move or not?
I'm originally from the Midwest, so I moved back with my parents for a bit of time. Luckily, I'm a massive minimalist so it was easy for me to just pack up and drive across the country without any issues. I'd like to come back, but my company has consider allowing me to stay here. If it's with the same pay, it would be a no-brainer. But I do love/will miss the Bay Area. I'll probably be back when I'm a bit more finan…
> But I do love/will miss the Bay Area. I'll probably be back
I was going to ask, what is an ideal place for you? Like let's say cities lose their allure because clusters of event venues won't exist and nobody has the capacity to meet new people even if watering holes did implement distancing, since everyone is distanced.
As someone that didn't retreat to my parents house and has a new favela in my SF neighborhood amidst all sorts of chaos, I've been drawing a blank for the last 4 months
Re: San Francisco Tenants Break Leases at Alarming Rates
#25> The biggest group of tenants breaking leases in San Francisco are Generation Z workers, those between the ages of 18 to 25 years old
Since when did people born in 1995 counted as Gen-Z?
Re: San Francisco Tenants Break Leases at Alarming Rates
#26> The survey revealed that 16 percent of owners reported residents broke their leases or unexpectedly gave a 30-Day Notice to Vacate. > A total of 315 landlords responded to the survey, owning or managing 10,377 residential apartments citywide... So, 50 landlords (~16% of 315) reported that they had at least one tenant unexpectedly leave early? Over what time period? How many tenants in total? This may or may not be…
So it could be as few as 50/10377 = 0.5% of tenants broke their lease. This is a useless survey unless they asked the landlords how many of their tenants broke their lease.
Re: San Francisco Tenants Break Leases at Alarming Rates
#27Earlier quoted context omitted.
I'm originally from the Midwest, so I moved back with my parents for a bit of time. Luckily, I'm a massive minimalist so it was easy for me to just pack up and drive across the country without any issues. I'd like to come back, but my company has consider allowing me to stay here. If it's with the same pay, it would be a no-brainer. But I do love/will miss the Bay Area. I'll probably be back when I'm a bit more finan…
Curious if you are leaving a lot of friends behind; or rather, how easy it was to make persistent friends when you arrived in the Bay Area. I find it’s hard to meet people where I live, most of my friends are from school
I definitely am, but I've also had tons of friends leave me behind in the several years I've lived there. It's a transient city––I think everyone kind of just gets that friends there are short-lived. And I keep in contact with folks from a distance.
Re: San Francisco Tenants Break Leases at Alarming Rates
#28Earlier quoted context omitted.
It's already spreading here, unfortunately. Ten years ago, folks in the closest metro area to me used to be able to rent for $500/mo. Now, the equivalent places would be $1200/mo. Buying has gone up even more. It's great to see the place grow and become popular, but its affordability made it so charming and live-able.
This sounds like you live near Ann Arbor, except prices there are even higher than $1200/mo.
Columbus, Ohio (err, Flavortown?). But yeah, same thing. Ann Arbor is wonderful though... completely understand the prices.
Re: San Francisco Tenants Break Leases at Alarming Rates
#29Earlier quoted context omitted.
I'm originally from the Midwest, so I moved back with my parents for a bit of time. Luckily, I'm a massive minimalist so it was easy for me to just pack up and drive across the country without any issues. I'd like to come back, but my company has consider allowing me to stay here. If it's with the same pay, it would be a no-brainer. But I do love/will miss the Bay Area. I'll probably be back when I'm a bit more finan…
> But I do love/will miss the Bay Area. I'll probably be back I was going to ask, what is an ideal place for you? Like let's say cities lose their allure because clusters of event venues won't exist and nobody has the capacity to meet new people even if watering holes did implement distancing, since everyone is distanced. As someone that didn't retreat to my parents house and has a new favela in my SF neighborhood am…
>what is an ideal place for you?
If I knew, I'd be there :D Unfortunately, I have no idea. I like my family and the cost of living around where I live (Midwest), I love the hustle and bustle of the Northeast, and I like the outdoors and political vibe of the West Coast. Even lived in Germany for a bit in college and loved that.
Open to suggestions, haha
Re: San Francisco Tenants Break Leases at Alarming Rates
#30> The biggest group of tenants breaking leases in San Francisco are Generation Z workers, those between the ages of 18 to 25 years old Since when did people born in 1995 counted as Gen-Z?
According to some, that's right around the border between millennials and whatever comes afterwards.
The Wikipedia article on millennials says 1981 to 1996 is a "widely accepted" range of birth dates. The supporting reference[0] doesn't seem that authoritative, but it might be kind of self-fulfilling.[1]
[0]https://web.archive.org/web/20190313195431/http://te.tbr.fun...