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re: San Francisco is officially the most expensive rental market in the country
Posted on 3/5/15 at 11:48 am to East Coast Band
Posted on 3/5/15 at 11:48 am to East Coast Band
quote:
Posted by East Coast Band
quote:
San Francisco is officially the most expensive rental market in the country
I thought this was old news. Like its been the highest for decades.
SF is a small size city with water on three sides. No room to expand. With commuters living as far away as Sacramento, 90 miles east, you'd figure you could push out the do nothing losers in Oakland to make way for some high end apartments.
It's also impossible to build up. You have to jump through serious hoops to get building permits for high rises, because people don't want their views to be obstructed. Des Amis, a restaurant in the Marina District, just shut down because it could no longer afford its 30,000/month lease.
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