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S.F. population fell 6.3%, most in nation, to lowest level since 2010

sfchronicle.com

211–220 of 465 posts

Re: S.F. population fell 6.3%, most in nation, to lowest level since 2010

#211

With even hybrid work models your living a better life living up in Sac and driving down once a week. This is a good thing. People should vote with their feet.

You can live cheaper in a lot of cities closer to San Francisco than Sac which still offer reasonable commutes. Most of the east bay, south bay, peninsula, etc.

Re: S.F. population fell 6.3%, most in nation, to lowest level since 2010

#212

If you compare rent trends of SF vs NYC or LA https://www.zumper.com/rent-research/san-francisco-ca https://www.zumper.com/rent-research/new-york-ny https://www.zumper.com/rent-research/los-angeles-ca You'll notice a huge difference between in SF and the other cities. Rent prices still hasn't gone back to pre pandemic level.

The prices in NYC are just insane!

Re: S.F. population fell 6.3%, most in nation, to lowest level since 2010

#213

Earlier quoted context omitted.

I actually know several people who used this as an opportunity to move into the Bay Area. The sudden drop in rents made it more attractive and they jumped. They both work in industries where face to face communication is a competitive advantage. It’s easy to forget that not every job is naturally compatible with remote work like it is for those of us who type on computers all day.

I'm in this boat. We moved apartments in SF during the pandemic and we now live in an amazing neighborhood, amazing building, for 40% less then we were paying for a below average apartment before. It's not one or the other (moving in or out), it's about getting what you (the individual) wants, and being smart about timing and using world events to your advantage, not disadvantage. Some people wanted to move away from…

Where have you been seeing the rent drop in SF? I'm in the south bay and have been interested in moving to SF now that I'm going remote, since I want a bit more active nightlife. Now that I'm remote, I don't have to stay in south bay.

Re: S.F. population fell 6.3%, most in nation, to lowest level since 2010

#214

It will be interesting to see how much of this is Bay Area spread. We've had a huge number of people move to Santa Cruz, for example, so I've wondered how much of this might be the Bay Area getting broader instead of smaller.

The increase in rental prices in Santa Cruz reflect that. It's good for my family since we've been there 90 years but I'm currently in San Jose because I can get a nicer place for the same amount. It's not bad because I throw my electric bike on the bus that runs over the hill every hour when I want to go visit.

Re: S.F. population fell 6.3%, most in nation, to lowest level since 2010

#215
post #184

I went to SF over last weekend and thought of stopping by Walgreens (Pharmacy) to pick up eye drops. I had to call the associate to unlock the cabinet doors to pick them up. Took 5-10 mins to just get hold of someone with a key ring the size of a coconut. Every cabinet was locked from toothpaste to tampons. This is at the Walgreens near Union Square which is still better than other areas. People are leaving because o…

> I wish San Franciscans would stop defending themselves and admit that things are actually worse and whatever politics they're advocating hasn't worked. This extends more generally to California (and other west coast states). > I voted for Shellenberger for Governor of CA. Felt right. FWIW, people like Newsom openly admit the scale of the problems and the roadblocks which radicalized "progressivism" present to Calif…

Many people do not know but Newsom's ex-wife used to be Kimberly Guilfoyle: https://www.kqed.org/arts/13885405/kimberly-guilfoyle-used-t...

Now, I don't vote based on character to a certain extent, but Newsom has both: Terrible policies and a terrible character.

Re: S.F. population fell 6.3%, most in nation, to lowest level since 2010

#216
post #31
post #8

Earlier quoted context omitted.

I'd say it's the opposite. The city has a few bad spots, but overall it's quite nice. The big problem is the lack of housing, which is arguably driven by the way that Prop 13 warps economic incentives.

The large and very visible homeless and vagrant population is the biggest issue. There may be a relationship to the housing shortage, but I have a hard timing believing if rents were 50% cheaper, these people wouldn't still be on the streets.

[deleted]

Re: S.F. population fell 6.3%, most in nation, to lowest level since 2010

#217

If you compare rent trends of SF vs NYC or LA https://www.zumper.com/rent-research/san-francisco-ca https://www.zumper.com/rent-research/new-york-ny https://www.zumper.com/rent-research/los-angeles-ca You'll notice a huge difference between in SF and the other cities. Rent prices still hasn't gone back to pre pandemic level.

The prices in NYC are just insane!

Much like many cities - NYC included - are seeing people leave because they are no longer tied to wherever they had been with remote work, we're also seeing many people moving here specifically because they can work remotely from NYC.

Available rental inventory is almost nonexistent right now, vacancy rates are at the floor. Much of our new development is exactly the kind of new amenity building that folks in the high-earning tech remote worker crowd often seek, but its still not managing to keep pace with demand. There's a shortage of inventory for virtually everyone except the billionaire class (not that they occupy much of the market in absolute terms).

I've been in NYC about a decade an even in pre-pandemic years that most folks agree were much more stereotypically booming and I can't ever remember a housing market that was so frothy.

Re: S.F. population fell 6.3%, most in nation, to lowest level since 2010

#218

Earlier quoted context omitted.

There are good reasons why people don't like SF but why should people who do like SF care or try to convince them otherwise? I don't like Dallas but I don't think people who do like Dallas need to get out of their headspace and change things for my benefit. Obviously SF has problems and no one loves SF who doesn't want to improve the homeless issue. It doesn't make them wrong to love the city.

Do you know the excitement that surrounds stories like this on foxnews? They want liberal Democrat cities to fail so they can blame leadership as an example

That's because leadership is failing.

The correct response of leaders is to ignore wealthy citizens attempting to prop up their multi-million dollar 3bed4bath properties and let them know, "We're going to zone more areas for residential development, sorry. 2500 square foot homes shouldn't be $3 million in any area in America."

And all these rich liberals - and they are liberals - use the same bullshit line over and over, "I'm all FOR affordable housing... I'm just afraid it'll change the character of our neighborhood."

Bull. Shit. You. Lying. Fuck.

You thought you'd be able to set up your grandchildren for life because you chose what was a relatively sleepy, and honestly kinda shitty, city back in the 1970s. Fuck you and fuck off.

What they're really afraid of is that some politician who really does give a shit about the city will come along and upend their apple cart and their 50 year old brownstone will only be worth $1 million instead of $7 million when they die.

Re: S.F. population fell 6.3%, most in nation, to lowest level since 2010

#219

As someone who still enjoys SF and wants to keep living here, I read this as great news since I expected rents to decrease by a similar amount. But I just checked my apartment's website and it seems like if anything the rents have slightly increased compared to the price I renewed at last year!? Obviously this is a sample size of 1 and doesn't reflect the overall market. Curious if anyone else has real data on rent p…

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Re: S.F. population fell 6.3%, most in nation, to lowest level since 2010

#220

As someone who still enjoys SF and wants to keep living here, I read this as great news since I expected rents to decrease by a similar amount. But I just checked my apartment's website and it seems like if anything the rents have slightly increased compared to the price I renewed at last year!? Obviously this is a sample size of 1 and doesn't reflect the overall market. Curious if anyone else has real data on rent p…

I'm in Oakland and I'm not in SF all the time, but it does feel like Market St. / the Financial District is the most affected post-pandemic, but the rest of the city feels like it's as popular as ever. Lots of SF residents I know in tech are working from home but are still living and enjoying the city.
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