OT: Renting in SF

10,610 Views | 66 Replies | Last: 11 yr ago by CaliforniaEternal
socaliganbear
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Hitler trying to rent in SF.

1) This meme never gets old. (sorry if you think it has)
2) I miss the days when 5k monthly rent sounded like a lot.

93gobears
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40% of the professional people living in San Francisco right now won't be living there in three years.

They will be back from where they came from.
GivemTheAxe
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93gobears;842326797 said:

40% of the professional people living in San Francisco right now won't be living there in three years.

They will be back from where they came from.

No they will be in Oakland, Berkeley and Emeryville where home prices are rising fastest in Northern California (thanks to BART).
93gobears
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GivemTheAxe;842326806 said:

No they will be in Oakland, Berkeley and Emeryville where home prices are rising fastest in Northern California (thanks to BART).


No, they'll go back to New York, Massachusetts, and North Carolina, or accept getting shipped off to Arizona or Texas.

I'm a local East Bay boy, but I lived in SF from 1997 to 2007, and saw it all happen. From boom to bust. Most people living in SF are transitory (they come for a job, then go) or they are rent control leaches (singles) trying to live the idea of a Woody Allen movie about how exciting it is to live in the big city.

Only gays, psychos, and the uber rich live permanently in San Francisco. Even the lesbians had enough with that city and decided to move to Oakland.
NYCGOBEARS
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After the dot com bust in '99 that whole town emptied out in a month. Before then, it was much like it is now.
93gobears
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NYCGOBEARS;842326818 said:

After the dot com bust in '99 that whole town emptied out in a month. Before then, it was much like it is now.


Says the guy from NY.

Really it's much the same type of scene as 1999. Back then it was guys sleeping in walk-in closets for 1,500 per month. 5 guys in a two bedroom apartment. etc.

Now it is actually worse. The landlords have learned.

Ellis Act evictions. Landlords keeping units off the market. Use of Air BNB. Million dollar condos in a speculative market. One percenter globals wanting to have a household in SF.

Everyone trying to live in SF today will pay large for an overrated experience, probably going home with a mostly empty pocket.
NYCGOBEARS
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93gobears;842326819 said:

Says the guy from NY.


I'm not complaining.
going4roses
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93gobears;842326809 said:

No, they'll go back to New York, Massachusetts, and North Carolina, or accept getting shipped off to Arizona or Texas.

I'm a local East Bay boy, but I lived in SF from 1997 to 2007, and saw it all happen. From boom to bust. Most people living in SF are transitory (they come for a job, then go) or they are rent control leaches (singles) trying to live the idea of a Woody Allen movie about how exciting it is to live in the big city.

Only gays, psychos, and the uber rich live permanently in San Francisco. Even the lesbians had enough with that city and decided to move to Oakland.


+1 very very true
NYCGOBEARS
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going4roses;842326822 said:

+1 very very true


Lesbians are pioneers.
Cal88
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93gobears;842326809 said:

No, they'll go back to New York, Massachusetts, and North Carolina, or accept getting shipped off to Arizona or Texas.

I'm a local East Bay boy, but I lived in SF from 1997 to 2007, and saw it all happen. From boom to bust. Most people living in SF are transitory (they come for a job, then go) or they are rent control leaches (singles) trying to live the idea of a Woody Allen movie about how exciting it is to live in the big city.

Only gays, psychos, and the uber rich live permanently in San Francisco. Even the lesbians had enough with that city and decided to move to Oakland.


There are about 15 million millionaires in the US (not including the value of their primary residence), and they're not moving to Fresno or Stockton. There is barely enough real estate in Manhattan, Sf, west LA to accomodate all of them. SF is now like a giant Carmel and it will stay that way.
GB54
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Gays and psychos applaud this thread
GB54
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Cal88;842326836 said:

There are about 15 million millionaires in the US (not including the value of their primary residence), and they're not moving to Fresno or Stockton. There is barely enough real estate in Manhattan, Sf, west LA to accomodate all of them. SF is now like a giant Carmel and it will stay that way.


Not just US millionaires. Hedge funds and institutional investors, many foreign. The Chinese own a lot of Bay Area real estate. Russians in New York. They still see it as a good place to park money.
socaliganbear
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I just moved into a new building in Hayes Valley and so far most of my neighbors are Californians with a few Asian investors.
BoaltBear
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Count me as one of the so-called "rent control leaches." Moved into a one-bedroom in the Marina in 2010 at what I thought then was outrageously high rent. Last month the landlord rented the apartment below me for $1,500 higher than what I'm paying. Ridiculous! Won't let go of this place until I buy. Happy to leach away for the foreseeable future!
gardenstatebear
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Speaking as someone who has not lived in the Bay Area for 35 years, I am shocked at how high San Francisco rents and prices are. Back in the early 1970s, a good many of the "hot" areas were quite marginal. Yet I don't get the sense that the housing stock has gotten upgraded by a lot -- am I wrong?
NYCGOBEARS
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BoaltBear;842326876 said:

Count me as one of the so-called "rent control leaches." Moved into a one-bedroom in the Marina in 2010 at what I thought then was outrageously high rent. Last month the landlord rented the apartment below me for $1,500 higher than what I'm paying. Ridiculous! Won't let go of this place until I buy. Happy to leach away for the foreseeable future!

My last apartment in SF (I left in 2002) evidently now rents for $12k/mo. Crazy. Back then because my roommate had lived there for 15 years, he had rent control and we paid $3,500/mo.
waltwa
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I have no idea if property in Sf will stay high but it brings up a point to me that doesn't make any sense.

Homeless in Sf? I simply can't understand how that term can be used. Renting an apartment in SF is among the highest in the world so why would a person looking for a home that has no job and no intention of doing anything but panhandling stay in SF. It seems that if u were homeless and wanted to be in a home u would travel to Detroit where rents are about .35 cents a month.

But of course when u find out that the city of SF spends about 22k a yr on each homeless person I guess that makes sense to be homeless in a city that is willing to pay for the privilege of having a lot of homeless people
NYCGOBEARS
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waltwa;842326881 said:

I have no idea if property in Sf will stay high but it brings up a point to me that doesn't make any sense.

Homeless in Sf? I simply can't understand how that term can be used. Renting an apartment in SF is among the highest in the world so why would a person looking for a home that has no job and no intention of doing anything but panhandling stay in SF. It seems that if u were homeless and wanted to be in a home u would travel to Detroit where rents are about .35 cents a month.

But of course when u find out that the city of SF spends about 22k a yr on each homeless person I guess that makes sense to be homeless in a city that is willing to pay for the privilege of having a lot of homeless people

Been to Santa Monica lately? Some homeless are discerning and have high standards. .
socaliganbear
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waltwa;842326881 said:

I have no idea if property in Sf will stay high but it brings up a point to me that doesn't make any sense.

Homeless in Sf? I simply can't understand how that term can be used. Renting an apartment in SF is among the highest in the world so why would a person looking for a home that has no job and no intention of doing anything but panhandling stay in SF. It seems that if u were homeless and wanted to be in a home u would travel to Detroit where rents are about .35 cents a month.

But of course when u find out that the city of SF spends about 22k a yr on each homeless person I guess that makes sense to be homeless in a city that is willing to pay for the privilege of having a lot of homeless people


Helps that counties in other states bus them over to Northern California for free.
NYCGOBEARS
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socaliganbear;842326884 said:

Helps that counties in other states bus them over to Northern California for free.


Yeah, we're talking about you Clark County, Nevada.
93gobears
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NYCGOBEARS;842326878 said:

My last apartment in SF (I left in 2002) evidently now rents for $12k/mo. Crazy. Back then because my roommate had lived there for 15 years, he had rent control and we paid $3,500/mo.


Get this. In 1990 some Cal friends of mine rented a 4 bedroom flat (with 3 legit parking spaces) 2 blocks off the panhandle. Big rooms, adequate kitchen, nice living room. It continued on the same lease for years. By the time I moved in there in 1997, all of the original tenants had moved on but it was still occupied by 4 guys from the same original set of friends. We called it Cal West. I paid $300 a month from 1997 to 2000 before I got tired of Frat life part II. I'm certain one of the guys is still living there, probably paying $1200 a month for a four bedroom flat.
NYCGOBEARS
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93gobears;842326889 said:

Get this. In 1990 some Cal friends of mine rented a 4 bedroom flat (with 3 legit parking spaces) 2 blocks off the panhandle. Big rooms, adequate kitchen, nice living room. It continued on the same lease for years. By the time I moved in there in 1997, all of the original tenants had moved on but it was still occupied by 4 guys from the same original set of friends. We called it Cal West. I paid $300 a month from 1997 to 2000 before I got tired of Frat life part II. I'm certain one of the guys is still living there, probably paying $1200 a month for a four bedroom flat.


When he's done, will you let me know? I'll move back. We'll call it "Old Blue West".
BoaltBear
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You can take mine and I'll take that one. We'll just have a Cal apartment exchange.
93gobears
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BoaltBear;842326917 said:

You can take mine and I'll take that one. We'll just have a Cal apartment exchange.


That's pretty much how it was. 203 Clayton, No. B. Ask for Ted Schred.

:rollinglaugh:

He may love me, or hate me for posting this.

PS. Love your avatar.
82gradDLSdad
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Cal88;842326836 said:

There are about 15 million millionaires in the US (not including the value of their primary residence), and they're not moving to Fresno or Stockton. There is barely enough real estate in Manhattan, Sf, west LA to accomodate all of them. SF is now like a giant Carmel and it will stay that way.

Some of us have moved to Bay Point. :-)
Zerk
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waltwa;842326881 said:

I have no idea if property in Sf will stay high but it brings up a point to me that doesn't make any sense.

Homeless in Sf? I simply can't understand how that term can be used. Renting an apartment in SF is among the highest in the world so why would a person looking for a home that has no job and no intention of doing anything but panhandling stay in SF. It seems that if u were homeless and wanted to be in a home u would travel to Detroit where rents are about .35 cents a month.

But of course when u find out that the city of SF spends about 22k a yr on each homeless person I guess that makes sense to be homeless in a city that is willing to pay for the privilege of having a lot of homeless people


Depends what you mean by homeless. I remember overhearing a conversation on BART by a couple of pan handlers - obviously "commuting from work" - discussing the best corners in the city.
sycasey
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waltwa;842326881 said:

I have no idea if property in Sf will stay high but it brings up a point to me that doesn't make any sense.

Homeless in Sf? I simply can't understand how that term can be used. Renting an apartment in SF is among the highest in the world so why would a person looking for a home that has no job and no intention of doing anything but panhandling stay in SF. It seems that if u were homeless and wanted to be in a home u would travel to Detroit where rents are about .35 cents a month.


Better to be homeless in SF than to have a place in Detroit.
82gradDLSdad
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Sorry if this post rambles a bit but homeless and San Francisco and San Francisco real estate prices are right in my wheelhouse. I was born and raised in SF but recently had to sell our family home in the Richmond because I couldn't afford to buy out both of my sisters after my last parent died. It was a sad day but I'm a realist. You need money or daring or lots of roommates to live in the city. But I'm happy in Bay Point: nice house that is paid off. My wife and I have recently (the last year or so) taken to long walks in San Francisco (10 - 20 miles) multiple times per week (3-4). We've seen almost every inch of the place. We are just finishing up walking to every SF landmark building (260 of them). Needless to say we've seen the great, the good, the average, the bad and the dumps of SF. I have no great answer for the homeless situation in SF but it is bad and I'm sad to say I have very little sympathy for them (although I don't know the individual stories so maybe I would change my mind for a few of them). After seeing the beauty of the city it disgusts me when I see streets that are complete sewers. I hear people complaining about Twitter and other high-end companies moving to the city and their employees driving up rents and I shake my head because the alternative is that the city would be run into the toilet if the folks complaining were in charge. It's a desirable place to live and so it will be beyond the budget of many (most?). Oh well, that's the way our US world works. Quit complaining. Get many jobs and/or many roommates and save your money if you want to live there otherwise move away and commute into SF and enjoy it that way (like I do). And if you think parking is an issue think about this, when you can walk to any place in the city you can park anywhere. My wife and I drive to SF mostly and never have a parking issue (although you may have seen my thread a few weeks ago about a bad parking ticket we got. Still fighting that). On the weekdays we park in 2 hour parking that ends at 6pm ( I still work so we don't get there until after 4pm) and on the weekends we can literally park almost anywhere.

If you are still reading thanks for letting me vent/share. I really love the city but I think I love it as a many times per week tourist. My wife is dieing to live there but that probably won't ever happen and I'm ok with that.
Have a great Sunday. We'll be walking in SF. :-)
socaliganbear
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82gradDLSdad;842327103 said:

Sorry if this post rambles a bit but homeless and San Francisco and San Francisco real estate prices are right in my wheelhouse. I was born and raised in SF but recently had to sell our family home in the Richmond because I couldn't afford to buy out both of my sisters after my last parent died. It was a sad day but I'm a realist. You need money or daring or lots of roommates to live in the city. But I'm happy in Bay Point: nice house that is paid off. My wife and I have recently (the last year or so) taken to long walks in San Francisco (10 - 20 miles) multiple times per week (3-4). We've seen almost every inch of the place. We are just finishing up walking to every SF landmark building (260 of them). Needless to say we've seen the great, the good, the average, the bad and the dumps of SF. I have no great answer for the homeless situation in SF but it is bad and I'm sad to say I have very little sympathy for them (although I don't know the individual stories so maybe I would change my mind for a few of them). After seeing the beauty of the city it disgusts me when I see streets that are complete sewers. I hear people complaining about Twitter and other high-end companies moving to the city and their employees driving up rents and I shake my head because the alternative is that the city would be run into the toilet if the folks complaining were in charge. It's a desirable place to live and so it will be beyond the budget of many (most?). Oh well, that's the way our US world works. Quit complaining. Get many jobs and/or many roommates and save your money if you want to live there otherwise move away and commute into SF and enjoy it that way (like I do). And if you think parking is an issue think about this, when you can walk to any place in the city you can park anywhere. My wife and I drive to SF mostly and never have a parking issue (although you may have seen my thread a few weeks ago about a bad parking ticket we got. Still fighting that). On the weekdays we park in 2 hour parking that ends at 6pm ( I still work so we don't get there until after 4pm) and on the weekends we can literally park almost anywhere.

If you are still reading thanks for letting me vent/share. I really love the city but I think I love it as a many times per week tourist. My wife is dieing to live there but that probably won't ever happen and I'm ok with that.
Have a great Sunday. We'll be walking in SF. :-)


Is this Bay Point of Pittsburg/Bay Point BART fame?
SonOfCalVa
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San Francisco ... then (1969)

Our first apartment as newly-weds was at the peak of Crestline drive, top (2nd) floor with a nice balcony. Two bedrooms for $225/month with a walk-in closet. About the highest apartment in The City, looking down on Market St. and beyond.

Great fun cooking ribeye on the hibachi, drinking Martini Pinot Noir, watching the fog coming around Twin Peaks, then dining while the fog surrounded us with The City below, appearing and disappearing.
Long ago when Starkey was just beginning as Cal announcer.

Adopted a stray cat from Twin Peaks in back of us which got us booted (great cat) ... rented in outer Richmond near beach and GGP at much cheaper rent which bought washer/dryer, first dog (collie) and helped with saving to buy house in Los Altos for $42K, $225/month mortgage a year later.
Long ago.

Homeless wasn't a problem because Governor St. Rummy Raygun had not yet created homelessness by closing state hospitals throwing the patients onto cities/counties as his way of balancing the state budget. Cities/counties scrambling for money and former patients lived on the streets.
Long ago but still a problem.


Memories .....
Cal88
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One of my best friends who was starting a family bought a house in El Sobrante in 2009 near the bottom of the recession, 4bdr on a large lot adjacent to the east bay park system (Wildcat Canyon), for around $350k. Excellent value for a lot of house 20min from campus. I'm not sure how much houses in that neighborhood go today, maybe $450-$500k, but there probably some decent values left in the East Bay.
Holmoephobic
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93gobears;842326797 said:

40% of the professional people living in San Francisco right now won't be living there in three years.

They will be back from where they came from.


Yeah, the internet is going to die in 3 years. You heard it here first I guess.
waltwa
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I grew up in Sf and enjoyed every minute of that great city. I have found out 2 things in life since those early days.

I have either been happy or unhappy wherever I have lived. The key was regardless of where it was it was the other things in my life that determined my happiness.

The other was as I have aged the word "stairs" has been changed to "F@#$%^% stairs". Needless to say I live in an area where stairs rarely exist.
82gradDLSdad
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socaliganbear;842327109 said:

Is this Bay Point of Pittsburg/Bay Point BART fame?

Yes. Bart has really brought us fame and fortune. :-) Let's just say there are a few differences between where I grew up and where I've raised my family and now live. But as Waltwa mentions in his post you can be happy and sad wherever you live. I'm a pretty happy guy even on Saturdays in the fall.
93gobears
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Holmoephobic;842327119 said:

Yeah, the internet is going to die in 3 years. You heard it here first I guess.


Yeah, do you remember Homes.com (not the domain name that exists today and is currently headquartered in Norfolk, Virginia), well I helped foreclose on those Palo Alto asses back in 2001.

One of the funniest things I did during that tech boom was to attend the auction of 300 Herman Miller office chairs (which we foreclosed on) that retailed for $900 a piece.

People attended just for the spectacle.
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