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San Francisco Tenants Break Leases at Alarming Rates

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Re: San Francisco Tenants Break Leases at Alarming Rates

#61
post #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.

Yes and no — but my point is that any normal termination would have resulted in the 30-days notice. Yes, under a year-long or worse lease, you'd have to wait until the end of the lease period, but you'd still be serving such a notice.

(And in fact, we were on a year-long lease, and first transitioned it to a month-to-month for the purposes of being able to eventually serve that notice.)

Re: San Francisco Tenants Break Leases at Alarming Rates

#62

Earlier quoted context omitted.

I don't even have any counter arguments to make, you can speculate as much as you want, the home prices were suppose to drop drastically and I was waiting for it. They went up after the withdrawal agreement was signed :-/ I was under impression that whatever you just mentioned would have happened by now, but Nissan and Unilever are now moving to UK and all the speculations are going down the drain. I have come to a c…

Totally. I'm in a similar position (wanting to buy a house, but concerned at the insane prices), so I totally get you. Maybe coronavirus will accomplish it. Something something market, irrational, solvent. So, the Unilever thing is a stock move, that really only occurred because the shareholders in the City didn't like it (being removed from the FTSE would have been very bad for their share price). My understanding i…

Well, that means UK does have a pretty amazing leverage to keep jobs in the country. I am one of the least politically aware person, but I have come to a conclusion that Brexit isn't going to be as good as it is being claimed by people who have voted for it. It's also not going to be as bad as people who voted against it claim to be.

As an outsider, for something as zero-sum as buying a home where supply is low, cost of waiting and indecision can be pretty high.

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