BearlyCareAnymore said:
DoubtfulBear said:
sycasey said:
Part of the reason the Bay Area is so expensive is because people want to live there. Yeah it has problems but if they weren't outweighed by the positives then the housing wouldn't cost so much.
A lot of people don't want to live in the Bay Area, they just have no choice due to their jobs. The moment remote work was a possibility, plenty left for far better places
1. Yeah, and now they are moving back.
2. People leave the Bay Area overwhelmingly for one reason. The housing is tremendously expensive. The fact that it takes Bay Area prices getting that expensive to even move the needle in pushing people out demonstrates how desirable it is. The "people hate the Bay Area so much they are moving out"argument is so unbelievably stupid. It is basic economics 1 shyte. If you have a choice of a Hershey bar for $1 or your favorite gourmet chocolate for $2, you pay the $2. Maybe you pay the $3. Maybe even $5. You don't pay $20. That doesn't mean the gourmet chocolate is suddenly worse than hersheys. That is basically the dumbass conclusion we are making here. The free market achieves equilibrium. So there is a constant cycle of Bay Area housing prices increasing until some people say "I love the Bay Area, but Bay Area at $2m is too high a premium when I can get Denver for $1m". That is always the trend. Then people move out and prices normalize until people start moving back. Which is happening now. That is actually how housing markets work everywhere.
3. The Bay Area is awesome. If you hate it so much GTFO, rather than insulting a large percentage of people on this board that have chosen to make it their home.
This is exactly the type of entitled, my **** doesn't smell attitude that I hate the most about the residents in the Bay Area. There are plenty of amazing, beautiful, affordable places in the country and people like you convince yourself that "they hate us because they ain't us" and continue to be stuck in traffic for hours, overpaying for ****ty food and tiny $1M mini-homes built in 1970.
Your chocolate analogy is hilarious. NYC is like a gourmet chocolate that is compared to Hersheys. Bay Area is like Ghirardelli chocolate pretending like it's on the same level as Lderach and charge premium prices when it's barely better than mass produced chocolate.
SF lovers have used the exact same argument as you, that the only problem was that things were too expensive. Well now 5 years after COVID started, rent has come down massively in downtown SF, but almost the entire formerly Westfield mall is shuttered and the entire walk from Market St. to Union Square is a ghost town of boarded up stores and For Lease signs