what do we gain from this? is this more dick measuring?
Its useful information to calibrate if you have a good situation or not.
except this doesn't really give you all the information you need if you want to calibrate. I can understand this for salaries but for housing you can just check online
Live with my husband in a 2BR/1BA in Mission Dolores. Been rent controlled for 8 years, now at at 2850.
How often do you see mice in or near your building?
Useless comparison because of rent control
+1000. Plus year. You will just get mad at us old timers.
Not necessarily. It's interesting to see what prices were like X years ago compared to now. Personally I think rents will continue going up at similar rates in the near future.
Housing is insane for purchase but rents are ridiculously cheap. You can rent a good 2B/2B almost anywhere in bay for under $4k. $3k itself will get you a decent place in the bay. But buying costs $6k+ easy
Ridiculously cheap..m
Compared to buying. In Texas for eg rent is $1.5k while buying may be $2k which means buying is a good choice
$2k in outer richmond for 1bedroom.. 800 sqft. moved in 2017. rent control
$2k, one bedroom, marina, shared with partner. Has rent control. Rented in 2016.
Based on what I'm seeing, I wonder if it's better to get a rent-controlled place that's slightly above your means so that you'll be locked in at a decent price if you get a raise in a couple of years.
It is not easy to get a rent controlled lease, they like to rent to people who would rather buy a house than the rental bargain in a few years when they have kids. So, yup, the real people they intended to protect lose out once again.
How would they know though? Just tell them you're planning to buy next year... and then change your mind
Was in a 600sf 1br in outer sunset for 8 years paying $1475 by the time I left. Now $3300 for 900sf 1br in Cole Valley. Worth every penny.
Why? Better location?
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2450/month studio, market + Vaness, 450 sq ft, 23rd floor with balcony. Rented last year. Has rent control.