Average Rent in San Francisco Has Dropped $1k This Year

Post by SllX » Mon, Dec 28, 2020, 4:43 PM UTC

TheOtherHobbes wrote: post #137

SllX wrote: post #76

Earlier quoted context omitted.

No but when figuring out what informs a price you want to look at supply and demand first . There’s room for other variables, but you normally start there. EDIT: While I’m inside the edit window, let me throw in another big variable as an example. Costs are another factor that inform a price, and a big one. You could make a case that it deserves higher billing than supply and demand, but if your costs are $X but you…

But property supply itself is a constrained effect of politics and the relative power of various social groups, not a unique and independent primary cause. If landlords can make a killing by constraining supply politically, they will. So the primary cause is the incentive system and the political environment which makes it possible for them to do that. It's all about how the reward functions are designed. So of cours…

Post by jjoonathan » Mon, Dec 28, 2020, 4:44 PM UTC

daniellarusso wrote: post #140

fennecfoxen wrote: post #120

Earlier quoted context omitted.

Dear SF, More apartments built are the only thing to make housing more affordable for normal people. But, when you think of them, you're thinking way too small. You need to think in terms of, like, literally doubling the number of apartments available, and they may then be in reach of normal people once more. You also need to get yourself together and reverse that trend where your transit system has carried fewer peo…

So, the infrastructure can handle double its current utilization? Aren’t the sewers in SF literally over a century old? No issues with adequate water supply and sewage treatment?

Post by WhompingWindows » Mon, Dec 28, 2020, 4:45 PM UTC

xyst wrote: post #40

If the city would rezone all of the single family homes into higher density buildings, this wouldn't be a problem. Flood the area with supply and the cost will go down to reasonable levels. This is a problem all across the nation. Everyone wants a single family home, so this leads to two things: outrageously high costs of homes, or people moving out to the suburbs and thus worsening the rush hour traffic and smog iss…

Post by Redoubts » Mon, Dec 28, 2020, 4:45 PM UTC

daniellarusso wrote: post #140

fennecfoxen wrote: post #120

Earlier quoted context omitted.

Dear SF, More apartments built are the only thing to make housing more affordable for normal people. But, when you think of them, you're thinking way too small. You need to think in terms of, like, literally doubling the number of apartments available, and they may then be in reach of normal people once more. You also need to get yourself together and reverse that trend where your transit system has carried fewer peo…

So, the infrastructure can handle double its current utilization? Aren’t the sewers in SF literally over a century old? No issues with adequate water supply and sewage treatment?

Post by WhompingWindows » Mon, Dec 28, 2020, 4:46 PM UTC

legolas2412 wrote: post #58

ozzyoli wrote: post #54

Don't ask, Don't get. Everyone I know who has asked for a discount has got the discount. After several months of the pandemic, and noticing the adjacent apartment being relisted by my landlord at a discount I emailed my landlord and asked if I could have my rent adjusted by the same discount. They said yes, if I committed to another years lease. Saving 5% of rent, at the cost of a one year commitment didn't seem like…

I am in bay area, but my apartment complex refused to readjust rent to reflect the drop in rent (2500$ to 1800$!). I decided to break the lease and move to a better area.