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re: San Francisco is officially the most expensive rental market in the country

Posted on 3/5/15 at 11:13 am to
Posted by G Khan
the basin
Member since Mar 2007
457 posts
Posted on 3/5/15 at 11:13 am to
Our rent for a large 1 bedroom in the Marina District when we lived there in 2004-2005 with parking inside the building was $1,900. It was in a great hood for young college educated professionals (i.e. yuppy scum) and a high rent district. We were "Marina Trash" as the residents were known.

I heard we'd pay at least $4k now.

Its out of control. I've been reading articles and hearing from my people there about the "tech bros". Tech workers wanting to live in the city and commute south to Silicon Valley. Twitter locating in SF and a few others having a new major presence there now are changing the city drastically. They have private buses that pick the workers up on the city bus routes and cause havoc on traffic, etc.

Edgier crowd, which give the city its personality, have moved to Oakland across the bay or other places that make living in Bay Area not worth it IMO. That was our dilemma when we left. Have kids there and not live in SF (what's point), or head home to be w/ people & the culture & get a nice house, live easier.

Longtime residents & lovers of SF are pissed that old dive bars, retail, etc. with character are all being redeveloped into coffee shops, yoga studios, and yuppie bars for the Tech Bros.

The whole situation is killing dreams of mortals who want to live there...but what can you do? Lenin/Mao are dead.

We always talk about moving there for a year/renting a place or whatever once the kids are grown. By then...no telling how crazy it will be.

A couple of earthquakes, god forbid, might temper the whole situation.

Although the owner of our building, from Portland, came in and bought the building right after the majority of the Marina, which is built ontop of landfill/debris/rubble pushed into the bay after the 1906 big one, pancaked in 1989 (world series quake). When there is blood in the Streets...Buy Property.
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