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re: $3k a month in San Fran gets you a 282 sq ft apartment

Posted on 10/10/15 at 9:57 am to
Posted by recruitnik
Campus
Member since Jul 2012
1223 posts
Posted on 10/10/15 at 9:57 am to
quote:

Liberalism is a mental disorder


I guess that means you are equating san francisco's housing costs to liberalism, which in the sense of classic liberalism you'd be right considering this is market forces at work.

San Francisco is the heart of the tech world right now. Therefore people really want to live there (because if you haven't noticed, technology is everything right now), well that and the almost non existent crime compared to places like say, anywhere in Louisiana. San Francisco also has a finite area - about 7x7 square miles. For your pea brain, that's about the total area of Lafayette, LA. Yet, it has roughly 5 times the population of Lafayette.

So because of high demand for housing, due to the above factors plus perfect weather, great food, etc.; the limited availability of housing causes prices to go up. This is called supply and demand. This is capitalism at its finest.

To help you visualize it, here's the chart I was shown in 7th grade.



You frickin moron.
Posted by yellowfin
Coastal Bar
Member since May 2006
97805 posts
Posted on 10/10/15 at 11:28 am to
You can say fricking here
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