Bay Area Home Prices by Transit Stop • Hacker News Board

Re: Bay Area Home Prices by Transit Stop

#61

Post by bencoder » Sat, Apr 02, 2016, 10:52 AM UTC

zumatic wrote: post #52

EarthIsHome wrote: post #12

Related somewhat: Atlanta median income down MARTA's Red line (travels North to South) http://news.wabe.org/post/atlanta-biggest-gap-between-rich-a...

And here's one for London: https://www.thrillist.com/lifestyle/london/london-undergroun... Direct link to large-scale map: http://assets3.thrillist.com/v1/image/1560005 Note we tend to think of flats in terms of number of bedrooms. Hatton Cross is right next to Heathrow airport, if you're wondering why it is so cheap.

http://www.findproperly.co.uk/price-per-square-foot.php#.Vv-...

This map has areas of london by square foot for a closer comparison, but isn't by tube stops. Looks like we are more expensive than the bay area, if you go by area - We live in much smaller houses than in America, I believe

Re: Bay Area Home Prices by Transit Stop

#62

Post by xivzgrev » Sat, Apr 02, 2016, 1:17 PM UTC

bydo wrote: post #16

EarthIsHome wrote: post #12

Related somewhat: Atlanta median income down MARTA's Red line (travels North to South) http://news.wabe.org/post/atlanta-biggest-gap-between-rich-a...

Here's one for New York: http://projects.newyorker.com/story/subway/ And Chicago: http://youarehere.cc/j/subway/chicago.html

Wow that's interesting how for Brown line the median income is already high for Addison and stays relatively constant all the way downtown

Re: Bay Area Home Prices by Transit Stop

#63

Post by bbarn » Sat, Apr 02, 2016, 1:22 PM UTC

bydo wrote: post #16

EarthIsHome wrote: post #12

Related somewhat: Atlanta median income down MARTA's Red line (travels North to South) http://news.wabe.org/post/atlanta-biggest-gap-between-rich-a...

Here's one for New York: http://projects.newyorker.com/story/subway/ And Chicago: http://youarehere.cc/j/subway/chicago.html

Chicago's is heavily skewed by the loop stops - where almost nobody lives. Filtering those out would give a much clearer view.

Re: Bay Area Home Prices by Transit Stop

#64

Post by bkjelden » Sat, Apr 02, 2016, 1:40 PM UTC

KKKKkkkk1 wrote: post #17

What is Caltrain like for commuting in the South Bay? Would it make sense to rent near a Caltrain station in one of the cheaper cities and commute to the Silicon Valley area?

Caltrain is just two parallel railroad tracks.

What this means is that they have absolutely no way to mitigate minor problems - every problem becomes a major problem. It is not uncommon for them to have a train stall leaving a station, and that leads to half the trains in the system being 20 minutes late. If they have a pedestrian or vehicle collision, things get much worse.

They also only run one train per hour that stops at every station, so your commute is limited to a few train options every day if you're not going between two of the 5-6 most popular stations.

In addition, if you're not working within walking distance of a station, you'll have to take a shuttle, which could easily add 20 minutes to your commute, and have it's own schedule that you need to mesh with caltrain's schedule.

Re: Bay Area Home Prices by Transit Stop

#65

Post by gdudeman » Sat, Apr 02, 2016, 2:23 PM UTC

eli wrote: post #47

gdudeman wrote: post #27

Earlier quoted context omitted.

Here's one for DC: http://www.estately.com/washington-dc-real-estate-by-transit...

Seems like it would be more interesting in terms of price per sq ft. Some of the "expensive" stops just seem like places where the median sale represents a 4 bedroom house instead of a 1 bedroom apartment.

Ha! That's the feedback that inspired the price per square foot for this map.

Re: Bay Area Home Prices by Transit Stop

#66

Post by gdudeman » Sat, Apr 02, 2016, 2:26 PM UTC

thrownaway2424 wrote: post #37

gdudeman wrote: post #35

Earlier quoted context omitted.

Agreed. It's an imperfect measure. I lobbied to put both on here, but then you end up with an unreadable map.

You do have to pick something and run with it, I understand that. But price per square foot is pretty bogus because one cannot buy housing by the square foot. You have to buy it per _house_. I think you could make a fair comparison if you went with median 2-bedroom sale price instead.

Sure, but there are areas where there really aren't many 2 bedroom houses or they aren't really representative of the local real estate.

Re: Bay Area Home Prices by Transit Stop

#67

Post by dclowd9901 » Sat, Apr 02, 2016, 2:48 PM UTC

I can't understand why DC and Colma remain so cheap (comparably). Sure, the area doesn't have as much walking distance locales but a quick Bart ride will get you anywhere you want to go. Are people really that sensitive to small inconvenience?

Re: Bay Area Home Prices by Transit Stop

#68

Post by rawnlq » Sat, Apr 02, 2016, 3:01 PM UTC

deathanatos wrote: post #42

Why does Millbrae's price change by $6/sq between the BART map and the CalTrain map? (Both services are serviced at the same station.)

Might be splitting by some voronoi method so there's no reason to expect the areas represented by each station to be the same

Re: Bay Area Home Prices by Transit Stop

#69

Post by mathattack » Sat, Apr 02, 2016, 3:20 PM UTC

dclowd9901 wrote: post #67

I can't understand why DC and Colma remain so cheap (comparably). Sure, the area doesn't have as much walking distance locales but a quick Bart ride will get you anywhere you want to go. Are people really that sensitive to small inconvenience?

It could be school quality and/or crime too. The suburban costs seem to correlate with school quality, crime, ease of building [0] and distance to job centers.

[0] In Palo Alto home prices are artificially high in part because the schools are great and it's very hard to build new houses there. In Mountain View and Sunnyvale there is a lot of newer development and the schools are a little worse. This trumps distance.

Re: Bay Area Home Prices by Transit Stop

#70

Post by govspy » Sat, Apr 02, 2016, 3:41 PM UTC

I would have thought living near the airport would be the cheapest square footage on that map.

In Toronto they can barely give away apartments located near Pearson Airport due to the incessant noise (and some crime, probably associated with the low purchase price of the apartments).

The prices are ~50% of what they are everywhere else in the city.