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San Francisco median one bedroom apartment rent hits a new peak of $3,690

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Re: San Francisco median one bedroom apartment rent hits a new peak of $3,690

#2
On one hand, it’s a very high price. On the other hand, no one is entitled to a one bedroom unit in the heart of one of the human epicenters in the world. Many people here have roommates or alternate living arrangements.

There are several reasons why the prices have gotten so high (lack of supply, politics, etc).

But don’t expect to move your Texas ranch or Midwestern single-family-house lifestyle to SF with no compromises.

But in return for your compromises, you will get quite a bit in return.

Is it worth it? That’s a very personal decision. For many, it’s not. For many, it is.

Re: San Francisco median one bedroom apartment rent hits a new peak of $3,690

#5
post #3

For those who live in SF - what's the cost of a one bedroom rent 1 hour from most jobs in SF? I know in NYC you can reliably get that for around 1500.

I think part of the issue is that a lot of places outside of SF are places where people want to live and work (who also make lots of money). Lots of people want to live in Palo Alto, Oakland, Mountain View, etc so the prices don't really go down that much as you move further out.

Re: San Francisco median one bedroom apartment rent hits a new peak of $3,690

#6

On one hand, it’s a very high price. On the other hand, no one is entitled to a one bedroom unit in the heart of one of the human epicenters in the world. Many people here have roommates or alternate living arrangements. There are several reasons why the prices have gotten so high (lack of supply, politics, etc). But don’t expect to move your Texas ranch or Midwestern single-family-house lifestyle to SF with no compr…

>no one is entitled to a one bedroom

I’m curious how do you mean this? There are a plenty of reasons as to why I wouldn’t want to have a roommate and a 2bd is not affordable.

Re: San Francisco median one bedroom apartment rent hits a new peak of $3,690

#7
post #6

On one hand, it’s a very high price. On the other hand, no one is entitled to a one bedroom unit in the heart of one of the human epicenters in the world. Many people here have roommates or alternate living arrangements. There are several reasons why the prices have gotten so high (lack of supply, politics, etc). But don’t expect to move your Texas ranch or Midwestern single-family-house lifestyle to SF with no compr…

>no one is entitled to a one bedroom I’m curious how do you mean this? There are a plenty of reasons as to why I wouldn’t want to have a roommate and a 2bd is not affordable.

Basically if you can't afford it then you're not a victim...

Re: San Francisco median one bedroom apartment rent hits a new peak of $3,690

#8
post #3

For those who live in SF - what's the cost of a one bedroom rent 1 hour from most jobs in SF? I know in NYC you can reliably get that for around 1500.

$4500-$5000/mo 3-4 bedroom single family house in San Mateo. Perfect, safe location right in between San Francisco and San Jose, close to good schools, close to Caltrain station, close to major highways - 92, 101 and 280.

About 40-45 minutes from SF and San Jose time wise regardless of time of the day.

That’s where the premiums comes from

Re: San Francisco median one bedroom apartment rent hits a new peak of $3,690

#9
post #6

On one hand, it’s a very high price. On the other hand, no one is entitled to a one bedroom unit in the heart of one of the human epicenters in the world. Many people here have roommates or alternate living arrangements. There are several reasons why the prices have gotten so high (lack of supply, politics, etc). But don’t expect to move your Texas ranch or Midwestern single-family-house lifestyle to SF with no compr…

>no one is entitled to a one bedroom I’m curious how do you mean this? There are a plenty of reasons as to why I wouldn’t want to have a roommate and a 2bd is not affordable.

Entitled is not the same as just getting what you want. If you can afford it, great. If you can’t afford it, nothing else entitles you to have it.

Re: San Francisco median one bedroom apartment rent hits a new peak of $3,690

#10

On one hand, it’s a very high price. On the other hand, no one is entitled to a one bedroom unit in the heart of one of the human epicenters in the world. Many people here have roommates or alternate living arrangements. There are several reasons why the prices have gotten so high (lack of supply, politics, etc). But don’t expect to move your Texas ranch or Midwestern single-family-house lifestyle to SF with no compr…

It's not about whether any specific person deserves to live in a specific place.

There is a cost to society in effectively pricing out half of the population from an entire city. Is the benefit of mitigating that worth the cost?

For what it's worth, I think that it probably is.

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