Wtf is wrong for the Bay Area housing market
Feb 9, 2021
1,271 Comments
Just bid on a house. Beautiful, but far away if u need to commute. List as 1.25, slightly higher than its neighborhood, but sold at about 1.6. This is insane, how people can afford it. For first time home buyers, it sucks.
Will the government control the price? Even the stock market will halt if the price goes ridiculous.
#housing
comments
By having high TC jobs. You’re competing against people with 1M+/year TC.
> Will the government control the price?
They already do. They *want* higher prices.
The state, city, and HOAs pass rules such as “now homes must have solar” and “no apartments over 5 stories tall”.
https://www.sfgate.com/realestate/article/Box-living-Peter-Berkowitz-pod-San-Francisco-7243988.php
I guess y r millennial with no knowledge of history and economy.
Can't afford - move out or buy smaller.
I don’t give a F about G and also don’t give a G about F.
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