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San Francisco Tenants Break Leases at Alarming Rates

thesfnews.com

41–50 of 62 posts

Re: San Francisco Tenants Break Leases at Alarming Rates

#41

Earlier quoted context omitted.

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.

I agree - my friends have left as well. Visits on holidays is the next best thing.

Re: San Francisco Tenants Break Leases at Alarming Rates

#42

Earlier quoted context omitted.

> 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

Asheville, North Carolina

Re: San Francisco Tenants Break Leases at Alarming Rates

#43
> San Francisco Tenants Break Leases At Alarming Rates

> The survey revealed that 16 percent of owners reported residents broke their leases or unexpectedly gave a 30-Day Notice to Vacate.

An unexpected 30-day notice is how my Bay Area lease terminated gracefully. Like, it was required that I do that, by the contract written by my landlord. But I don't consider graceful, agreed upon move-outs as "breaking" a lease, which to me implies someone trying to get out of the contract.

But also… this would be hardly surprising? My rent was going up 10% YoY when I left, and it was clear that Bay Area politics were never going to fix the rampant housing problems. With all the layoffs I've read about as a result of COVID-19, I bet some people are moving out! (I moved prior to all this craziness.)

One of my co-workers even told me that he had every intention of protecting "his" piece of the pie, as much as possible, by letting as little as possible get built as he could as a voter. It was just amazing to me how so many people thought they had the right to tell other people what they could not do with "their" land. Zoning is one thing, but the Bay Area is a whole different thing.

Re: San Francisco Tenants Break Leases at Alarming Rates

#44
post #39

Earlier quoted context omitted.

It's not even 16% of rentals; it's 16% of the surveyed owners who, on average, rent more than 30 rental units each.

So it could be that of those owners they had one or two tenants break a lease? This would be a much lower number of actual tenants breaking their lease but we do not know with the data provided.

Right. All the provided numbers tell us is that out of about 10 000 renters at least 50 and no more than 9750 broke their lease. We really need to know where in this range the real numbers are and where we'd expect them to be in a normal year.

Before somebody complains about my numbers, I did round values to make the math simpler. The real values aren't that far off.

Re: San Francisco Tenants Break Leases at Alarming Rates

#45

Earlier quoted context omitted.

> 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

London! I moved to SF from London, you get bit of everything! :)

Re: San Francisco Tenants Break Leases at Alarming Rates

#46

> San Francisco Tenants Break Leases At Alarming Rates > The survey revealed that 16 percent of owners reported residents broke their leases or unexpectedly gave a 30-Day Notice to Vacate. An unexpected 30-day notice is how my Bay Area lease terminated gracefully. Like, it was required that I do that, by the contract written by my landlord. But I don't consider graceful, agreed upon move-outs as "breaking" a lease, w…

There is typically a term to a lease, so maybe you were just month to month.

Re: San Francisco Tenants Break Leases at Alarming Rates

#47
post #5

> 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.

As typical of sensationalist media these days looking to get clicks.

Re: San Francisco Tenants Break Leases at Alarming Rates

#48
post #47

Earlier quoted context omitted.

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.

As typical of sensationalist media these days looking to get clicks.

Unfortunately not every survey will meet the high standards of internet commenters looking for blood

Re: San Francisco Tenants Break Leases at Alarming Rates

#50
post #47

Earlier quoted context omitted.

As typical of sensationalist media these days looking to get clicks.

Unfortunately not every survey will meet the high standards of internet commenters looking for blood

I understand why you might feel this way, but I don't think the parent and grandparent comments are necessarily "looking for blood." They bring up valid concerns.

Disclosure: I haven't read the linked article.

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