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San Francisco Apartment Rents Crater Up to 31%, Most in U.S.

bloomberg.com

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Re: San Francisco Apartment Rents Crater Up to 31%, Most in U.S.

#341

Post by colinmhayes »

hnarn wrote: post #340
colinmhayes wrote: post #339

Earlier quoted context omitted.

I mean people are going to take drugs either way right? Let's not pretend rural America doesn't struggle with addiction. I guess I can see the "out of sight out of mind" that seeing the transaction occur reminds you of societies failures, but you still know it's happening.

I don’t mean for this to sound blunt but your perspective sounds like one that can only be held by someone who has no experience of living in these types of areas.

I've lived in the inner city my entire life so maybe your right. Truthfully i have little understanding of the appeal of non-urban areas.

Re: San Francisco Apartment Rents Crater Up to 31%, Most in U.S.

#342

Post by mikereedell »

soared wrote: post #91
ecf wrote: post #83

From what I’ve seen, rent prices aren’t falling. Landlords are just offering 1-2 months fee if you sign a year lease.

Which is the exact same thing as reducing rent by 1/12th or 1/6th. Most near luxury complexes do this to maintain the “luxury” price but have the price actually be lower.

With the exception that if you break the lease, you now owe those "free" months back.

Re: San Francisco Apartment Rents Crater Up to 31%, Most in U.S.

#346

Post by api »

mercutio2 wrote: post #264
tarsinge wrote: post #137

Earlier quoted context omitted.

> food or retail scene In my experience this is becoming less and less true, smaller cities are really catching up, it's not 2010 anymore. My pet theory is that social networks like Instagram have done a good job spreading fashion and food experiences/expectations that were previously exclusives to big city centers.

I keep reading people make this claim. I haven't found it to be even remotely true for the food my family is inclined to eat. Every time I've gone to visit hip small college towns for the last 5 years, I've eagerly sought out the talked-about eateries, and they were all... distinctly mediocre compared to NYC or Bay Area or LA food. You still can't find anything but Americanized Asian food, even the California-cuisine…

Try Asheville, NC

Re: San Francisco Apartment Rents Crater Up to 31%, Most in U.S.

#347

Post by dicomdan »

cody3222 wrote: post #345

SF resident here. Yes, lots of people have left SF...however every single person I know who has left is a MAN! I don't know a single women that has left SF out of dozens of people. Has anyone else noticed this?

Most software engineers are men. They are leaving because they can work remotely now.

Re: San Francisco Apartment Rents Crater Up to 31%, Most in U.S.

#348

Post by pgwhalen »

justaguyhere wrote: post #81
burlesona wrote: post #51

I would say the city being “closed” is the major driver. Among my group of ~40 coworkers, about 30 (including me) have left the city. As far as I know all but one were renting. Everyone who left gave the following rationale: - we can work remotely so move wherever or nomad now - SF is not very fun during the pandemic - WFH in my tiny apartment is much less enjoyable than when I was working in the office and didn’t sp…

therefore I’m moving for a year or so until things fully reopen Do you see an end to this pandemic in the next year or so? A good percentage of people are still refusing to wear masks, we aren't anywhere closer to a vaccine etc. I am trying to be optimistic, but the situation isn't improving from any direction and we are already 10 months in :(

In what sense are we not closer to a vaccine? I’m not following vaccine development closely, but my understanding is that many candidates are progressing along nicely.

Re: San Francisco Apartment Rents Crater Up to 31%, Most in U.S.

#350

Post by genericone »

rcpt wrote: post #335
sjf wrote: post #121

Earlier quoted context omitted.

The positives have to out weight the negatives of high crime, a large homeless population, high rents, small apartments, etc. Having nice parks is not unique to SF.

Don't forget school districting based on Game of Thrones

And if you haven't heard, all the public school names are going to be renamed, since people like Lincoln and George Washington were terrible people who shouldn't be celebrated /s [1]

[1]: https://abc7news.com/renaming-sf-public-schools-school-name-...

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