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Started By
Message
re: U-haul Shortages In San Francisco
Posted on 3/7/18 at 11:41 am to Miketheseventh
Posted on 3/7/18 at 11:41 am to Miketheseventh
The Govt needs to step in and fix San Fran. Only because if they don't then the cancer will spread
Posted on 3/7/18 at 11:42 am to StringedInstruments
quote:not if all the jobs in that field are in Frisco...
could easily get a $75k/year job in a city that would have 3 bedrooms for $1875.
Posted on 3/7/18 at 11:44 am to Miketheseventh
Not a big deal. There are plenty of dreamers moving in to replace them.
Posted on 3/7/18 at 11:44 am to Miketheseventh
I know, they are all moving to Texas.
900 Homes have been built in a 3 square mile area around ours in seven years, average price $300,000.
900 Homes have been built in a 3 square mile area around ours in seven years, average price $300,000.
Posted on 3/7/18 at 11:45 am to SlowFlowPro
quote:
price out poor people
Good. Fix the homeless problem and it’s perfect.
Posted on 3/7/18 at 11:45 am to The Torch
quote:
average price $300,000.
Damn, you must be way out.
Posted on 3/7/18 at 11:46 am to TH03
quote:putting cheap roofs over their head won't make them not failed people...
Good. Fix the homeless problem and it’s perfect.
Posted on 3/7/18 at 11:46 am to chalmetteowl
quote:
not if all the jobs in that field are in Frisco...
What does DFW have to do with it?
This post was edited on 3/7/18 at 11:47 am
Posted on 3/7/18 at 11:46 am to The Torch
quote:
900 Homes have been built in a 3 square mile area around ours in seven years, average price $300,000.
You must live in a poor hood. Probably 3 times that number of townhouses built around me starting at $600k.
Posted on 3/7/18 at 11:51 am to Zappas Stache
Yeah those are crazy. Same with the ones near the farmers market.
Posted on 3/7/18 at 11:56 am to TH03
quote:
Supply and demand and wealthy investors buying property just to rent it out mostly
I spoke with a woman last week who works in the real estate market here in Bham. She was telling me about receiving a call a few weeks ago from a company out of Nashville that is looking at buying rental properties here. Right now bham is super attractive to these investors because of the current growth of the city. Apparently they are buying up as many properties as they can, which is also creating a housing shortage for people who are in the market to buy a home. If you couple these two factors together, with high demand and short supply driving up prices, Bham could experience a housing bubble burst if growth slows down.
Posted on 3/7/18 at 11:57 am to Blizzard of Chizz
quote:
Bham
What the frick is Bham?
Posted on 3/7/18 at 11:58 am to Fewer Kilometers
quote:
what the frick is Bham?
Birmingham
Posted on 3/7/18 at 12:03 pm to bobaftt1212
quote:
which is heavily influenced by taxes and policy right?
Didn't read the article? Typical.
Posted on 3/7/18 at 12:04 pm to Miketheseventh
More and more of these high paying tech companies are going remote or opening more offices east.
I worked for a software company in Birmingham and they were based out of CA. So you had a ton of people move over from Silicon Valley to Birmingham and still get paid the same.
My boss at the time came over from CA and bought a house on 80 acres outside of Birmingham that would have been equivalent to a 1 BR apartment in SF in terms of cost.
A lot of the top sales guys and engineers roll around in 100k cars.
This is becoming more of the norm.
I worked for a software company in Birmingham and they were based out of CA. So you had a ton of people move over from Silicon Valley to Birmingham and still get paid the same.
My boss at the time came over from CA and bought a house on 80 acres outside of Birmingham that would have been equivalent to a 1 BR apartment in SF in terms of cost.
A lot of the top sales guys and engineers roll around in 100k cars.
This is becoming more of the norm.
Posted on 3/7/18 at 12:04 pm to Blizzard of Chizz
This is all unsustainable and people will again beg for the gubment to step in and bail them out when it fails.
Posted on 3/7/18 at 12:06 pm to Gaston
quote:
Hard to believe you can even rent a Uhaul in SF. Try getting your oil changed or tires aligned... there are very few basic service stations with rent that high.
San Francisco County, the tip of the peninsula, is roughly 7 miles by 7 miles. I lived there in 2000/2001. North of Market St and east of Van Ness there were just a few gas stations. As in four or five, maybe. There were a more out in the western districts and the south part of the city, but I'd be surprised if there were more than about 25 places to buy fuel in the whole county. Oil change and alignment? A dozen or fifteen, maybe.
Housing prices have been ridiculous for years. This isn't a new development. You had to drive to Colma to go to Home Depot or get buried. No cemetaries in The City.
Posted on 3/7/18 at 12:10 pm to Miketheseventh
If any of them move here, I hope they don't poop on my sidewalk.
Posted on 3/7/18 at 12:13 pm to RogerTheShrubber
quote:
This is all unsustainable and people will again beg for the gubment to step in and bail them out when it fails.
I agree. These massive rental property companies are really driving up the prices artificially because of the amount of inventory they are buying up. I don’t know what the solution is but there needs to be a healthy balance of rental properties and non rental properties. Just building more houses isn’t the solution because that can have the opposite effect and drive prices down if there excessive supply on the market.
Posted on 3/7/18 at 12:13 pm to bobaftt1212
quote:
which is heavily influenced by taxes and policy right?
And geography. Why is Manhattan so crowded?
If SF and NYC sucked as much dick as many of you think they do, why in the frick would anybody want to live there at all, much less pay an extraordinary premium to do so?
Both are crowded and expensive. 15,000 people leaving SF isn't shite and 15,000 leaving NYC isn't even a fart.
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