Thinking of moving to SFO

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Jul 6, 2015 | 11:06 am

#31

dhuey

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Quote:

Originally Posted by s0ssos

Is that the new name for Oakland, Hayward? Sort of like Cal State East Bay?

It's not a new term. The SF Bay Area is quite big both geographically and in terms of population. We refer to sections of it with terms like the City (San Francisco), the Peninsula (everything south of S.F. to the South Bay), North Bay, East Bay, etc.

The East Bay is huge, so you often need to be more specific about which part you're talking about.

Jul 9, 2015 | 4:07 pm

#32

nnn

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Quote:

Originally Posted by 1k-all-the-way

Current rents in my building for a 1 bedroom are now $3,800 (if you can get one) because it's near a Google bus stop. Thank god for rent control or I would no longer be able to live in my own city.....

OT, but if there were no rent control, the going rent wouldn't be $3,800 -- it would be lower as there would be a lot more supply on the market. How much lower it would be, who knows.

Jul 9, 2015 | 5:38 pm

#33

dhuey

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Quote:

Originally Posted by nnn

OT, but if there were no rent control, the going rent wouldn't be $3,800 -- it would be lower as there would be a lot more supply on the market. How much lower it would be, who knows.

It's a 1-2 punch in San Francisco: rent control and a housing supply that barely expands due to governmental resistance and the small geographic size of the City. When the tech industries are booming, there is nowhere for rents and housing prices to go but way up.

Jul 10, 2015 | 7:58 am

#34

rjque

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Quote:

Originally Posted by nnn

OT, but if there were no rent control, the going rent wouldn't be $3,800 -- it would be lower as there would be a lot more supply on the market. How much lower it would be, who knows.

I wouldn't say "a lot" more supply, but there would definitely be more. There would be even fewer people with sub $100,000 incomes living in the city unless the other (and IMHO more pressing) restrictions on new supply were lifted.