https://www.sfgate.com/living-in-sf/amp/2020-San-Francisco-exodus-is-real-and-historic-15484785.php Inventory has risen 96% YoY. Get ready bay area folks. Not long before all the foreign investors start selling to invest elsewhere. If you haven’t bought a home, you are damn lucky. People who bought 2018 and later are screwed. https://www.wsj.com/amp/articles/remote-work-is-reshaping-san-francisco-as-tech-workers-flee-and-rents-fall-11597413602
Inventory has risen and prices are at all time highs... no one is screwed. Helicopter money and asset appreciation is about to go through the roof. SF has almost no inventory. 2x0 is still low. Click bait central. And no, I don't own any real estate in SF sadly.
Looks like u are in denial. It started with SF and suburbs are next. Hence “get ready” https://www.wsj.com/amp/articles/remote-work-is-reshaping-san-francisco-as-tech-workers-flee-and-rents-fall-11597413602
Exactly, SF is a shit hole while the South Bay is a very nice area!
I call this a huge buying opportunity. I wish I had that kind of cash sitting around to invest.
High prices are a buying opportunity?
Dude i don’t think you understand any of the markets tbh. I’m not gonna continue arguing with you on another thread. It’s pretty pathetic. Peace out. ✌️
Haha this is clickbait shit. Check out home sales in the past few weeks in Mountain View,sunnyvale. Just saw a 3bed townhome go for 1.55M in Mountain View. Rents are also pretty high in South Bay.
The place where I rent used to have 2 bd/2 bth condos go for 3k. Now, it’s 2.6k with one month free. What are you saying? House prices are high. But, rents are not
Rent is going down for sure
Just proves why I never feel at “home” in SF. Always feels like this is just a long layover to my next destination
I can never understand why people choose to buy homes in SF
So there were like 5 apartments in inventory, and now there are 10, mass exodus. Seriously people, why don’t we have some quality data analysis ever?
Would you say the same about Manhattan? To what extent?
Same thing happening in NYC
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SF is a shit hole. Go south to the South Bay and your life will be better.