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Started By
Message
re: U-haul Shortages In San Francisco
Posted on 3/7/18 at 8:55 am to Miketheseventh
Posted on 3/7/18 at 8:55 am to Miketheseventh
Poor people leaving use Uhaul.
What do the rich people moving in use?
What do the rich people moving in use?
0
Posted on 3/7/18 at 8:55 am to upgrayedd
quote:
That's cheap AF in SF
Yeah everyone in SF just perked up at $2k a month
Average for a 1BR is $3400
This post was edited on 3/7/18 at 8:56 am
Posted on 3/7/18 at 8:59 am to TH03
I'm surprised it's that low. My sister was paying that for an 800 sqft apt 4 years ago
Posted on 3/7/18 at 9:17 am to TH03
How and why are people paying those kind of prices?
You’d have to make $125k/year to justify paying $3500/month in rent. And then to live in a small 1 bedroom apartment?
A software engineer or computer programmer - whom I assume are the ones living there - could easily get a $75k/year job in a city that would have 3 bedrooms for $1875.
You’d have to make $125k/year to justify paying $3500/month in rent. And then to live in a small 1 bedroom apartment?
A software engineer or computer programmer - whom I assume are the ones living there - could easily get a $75k/year job in a city that would have 3 bedrooms for $1875.
Posted on 3/7/18 at 9:18 am to upgrayedd
My buddy is a wholesale diamond dealer and runs a small online diamond store. His rent on his 900 Sf office in SF just went to $6800 per month lol.
Posted on 3/7/18 at 9:36 am to Miketheseventh
I don’t blame any of them from leaving that ignorant backwards state of California.
Posted on 3/7/18 at 9:43 am to SlowFlowPro
quote:
SF is the epitome of the liberal utopia
price out all the poor people
preach to everyone else who has to live with poor people about how badly they treat them
then figure out new ways to price out the next highest income bracket
Portland is taking notes.
Posted on 3/7/18 at 10:51 am to Dizz
quote:
As much as you want to blame politics it has more to do with insane rent and real estate prices.
and in a lot of big cities the prices are so high because of the Chinese buying up everything they can to get their money out of China.
Posted on 3/7/18 at 10:55 am to Miketheseventh
Fence out them liberal mother frickers. Burn with fire.
Posted on 3/7/18 at 11:09 am to Langland
How many leaving are going to vote the same way in the place they move too not learning from what got them there in the first place...
Posted on 3/7/18 at 11:14 am to thejudge
quote:
How many leaving are going to vote the same way in the place they move too not learning from what got them there in the first place...
How exactly does one vote to increase housing demand? It’s supply and demand. Can’t really expand much since most of San Francisco proper is built up already.
Posted on 3/7/18 at 11:15 am to TDcline
quote:
Texas is finna get a lot more blue
Posted on 3/7/18 at 11:18 am to thejudge
The liberals made SF one of the most attractive cities in the world in which to live.....which caused a mass influx of highly educated people....which lead to bigley innovation and a tech boom......which caused real estate to soar......which causes many people to leave due to the high costs......or you can blame it all on AirBnB.
Posted on 3/7/18 at 11:24 am to bobaftt1212
quote:
which is heavily influenced by taxes and policy right?
Supply and demand and wealthy investors buying property just to rent it out mostly. The article even states that some wealthy tech investors might seeing that prices are now too high to rent out so they’re getting out since they can work remotely. Seems like they milked it dry and now it’s too expensive to attract lessees.
quote:
The sky-high rent and cost of living that we've come to expect from the Bay Area might have finally taken their toll on a large proportion of residents. A huge wave of people are considering more affordable cities outside the world's tech capital, and they're taking their startups and investors with them, as Kevin Roose reported for The New York Times.
People renting are leaving and the people who rent to them can’t make money so they’re leaving.
Posted on 3/7/18 at 11:26 am to Dizz
quote:
As much as you want to blame politics it has more to do with insane rent and real estate prices.
Which you can also blame on politics. Ask anyone who has tried to build or renovate a house in California and they'll talk your ear off on how much of a fricking hassle it is.
Posted on 3/7/18 at 11:29 am to TH03
quote:
How exactly does one vote to increase housing demand?
vote in city legislators who will decrease housing regulations
quote:
It’s supply and demand. Can’t really expand much since most of San Francisco proper is built up already.
they can add a lot more housing within the land that exists. developers can't add the housing due to draconian zoning laws used to price out poor people and to maintain the housing values recent buyers have paid
Posted on 3/7/18 at 11:32 am to Miketheseventh
quote:
San Francisco is losing more residents than any other city in the US, creating a shortage of U-Hauls that puts a rental at $2,000 just to move to Las Vegas
Drive to another city, rent one there, drive it to San Francisco to get your shite, pay for the extra 50-100 miles. Problem solved.
Posted on 3/7/18 at 11:33 am to bobaftt1212
It's highly influenced by the demand of property and success of industry in the area.
Posted on 3/7/18 at 11:38 am to Miketheseventh
quote:
I completely understand why.
Probably not
Posted on 3/7/18 at 11:40 am to 777Tiger
quote:
simuilar to Laffy to Houston in the early eighties
it's so sad that Laffy is no longer the world city it once was
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