San Francisco rents increased by 13.5% in 2014
blog.zumper.com
San Francisco rents increased by 13.5% in 2014
1–10 of 41 posts
Re: San Francisco rents increased by 13.5% in 2014
#2I would love to say this is shocking, but it has become routine to see double digit percentage increases in San Francisco rents. I am curious to see if the increases were as extreme outside on the city.
Re: San Francisco rents increased by 13.5% in 2014
#3That's believable, but they don't cite a source…
Re: San Francisco rents increased by 13.5% in 2014
#4Austin isn't much better.
We have a 9% jump in the last 6 months.
http://www.rentjungle.com/average-rent-in-austin-rent-trends...
http://kxan.com/2014/08/01/austin-hottest-real-estate-market...
While these seem like peanuts for Coaster's, its having a pretty huge effect on long time residents. We're undergoing a building boom that feels insane.
Re: San Francisco rents increased by 13.5% in 2014
#5It continues to strike me as odd that there isn't more focus on building high-density highrise housing in SF. Is this related to earthquake danger, historical preservation, idiocy on the part of local politicians, or some combination of these?
Re: San Francisco rents increased by 13.5% in 2014
#6It continues to strike me as odd that there isn't more focus on building high-density highrise housing in SF. Is this related to earthquake danger, historical preservation, idiocy on the part of local politicians, or some combination of these?
NIMBY Squared
Re: San Francisco rents increased by 13.5% in 2014
#7http://www.miniwebtool.com/doubling-time-calculator/?r=13.5
At this rate, rent will double every 5-6 years.
Re: San Francisco rents increased by 13.5% in 2014
#8It continues to strike me as odd that there isn't more focus on building high-density highrise housing in SF. Is this related to earthquake danger, historical preservation, idiocy on the part of local politicians, or some combination of these?
The local politicians and their votes are mostly s. The rent control laws have made affordable housing rare but luxury housing and office spaces reasonably priced.
The problem is further compounded by the zoning laws, parking space related laws and the local community which is consistently voting against any housing projects to make sure their property rates do not go down because of increased supply.
Re: San Francisco rents increased by 13.5% in 2014
#9My rent increased by 9% last year. This year it is increased by another 9%.
Re: San Francisco rents increased by 13.5% in 2014
#10Austin isn't much better. We have a 9% jump in the last 6 months. http://www.rentjungle.com/average-rent-in-austin-rent-trends... http://kxan.com/2014/08/01/austin-hottest-real-estate-market... While these seem like peanuts for Coaster's, its having a pretty huge effect on long time residents. We're undergoing a building boom that feels insane.
An actual building boom offers better hope that at some nearer point, the rent increases will pause and reverse.