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May 2020 SF rent plunges 9.4 percent since May 2019
| Vigorous violent party of the first part | 06/01/20 |
| yellow theatre elastic band | 06/01/20 |
| Vigorous violent party of the first part | 06/01/20 |
| insane kitty | 06/01/20 |
| yellow theatre elastic band | 06/01/20 |
| topaz vibrant crackhouse | 06/01/20 |
| heady pearly black woman | 06/01/20 |
| Vigorous violent party of the first part | 06/01/20 |
| topaz vibrant crackhouse | 06/01/20 |
| Vigorous violent party of the first part | 06/01/20 |
| Blue rambunctious sweet tailpipe | 06/01/20 |
| Vigorous violent party of the first part | 06/01/20 |
| topaz vibrant crackhouse | 06/01/20 |
| Vigorous violent party of the first part | 06/01/20 |
| smoky cerebral stage | 06/01/20 |
| Vigorous violent party of the first part | 06/01/20 |
Poast new message in this thread
Date: June 1st, 2020 11:22 AM Author: Vigorous violent party of the first part Here we goooooooooooooooooooooooooooooooo (http://www.autoadmit.com/thread.php?thread_id=4547864&forum_id=2#40318490) |
Date: June 1st, 2020 11:41 AM Author: yellow theatre elastic band Flame (http://www.autoadmit.com/thread.php?thread_id=4547864&forum_id=2#40318526) |
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Date: June 1st, 2020 2:07 PM Author: Vigorous violent party of the first part Not flame buddy.
The cost of renting an apartment in the Bay Area plummeted in May, as layoffs and the increased flexibility of working from home drove a double-digit drop in some of the nation’s most expensive housing markets.
"Rents for a one-bedroom apartment dropped most in the cities richest in high-paying tech jobs, falling 9.4% in San Francisco compared with May of 2019. In Mountain View, home to Google, rents fell 15.9% year over year, while in Apple’s hometown of Cupertino rents dipped 14.3%, according to the rental search engine Zumper. In San Bruno, where YouTube has its offices, rents tumbled 14.9%." |
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Date: June 1st, 2020 2:07 PM Author: insane kitty Wow (http://www.autoadmit.com/thread.php?thread_id=4547864&forum_id=2#40321280) |
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Date: June 1st, 2020 2:08 PM Author: yellow theatre elastic band Lmao 180. (http://www.autoadmit.com/thread.php?thread_id=4547864&forum_id=2#40321283) |
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Date: June 1st, 2020 2:09 PM Author: topaz vibrant crackhouse (http://www.autoadmit.com/thread.php?thread_id=4547864&forum_id=2#40321291) |
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Date: June 1st, 2020 2:18 PM Author: heady pearly black woman Let the boomers hit the floor. (http://www.autoadmit.com/thread.php?thread_id=4547864&forum_id=2#40321357) |
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Date: June 1st, 2020 2:16 PM Author: Vigorous violent party of the first part Uber IPO was supposed to prop up Bay Area housing market. It flopped, and this was before COVID, destroying the business model for the near future, and causing layoffs.
Not to mention layoffs at Air BNB, WeWork, Lyft, Lime, and probably a million other starups I've never heard of.
Good news is that I'm sitting on $250 cash so I can make a real estate play if I need one. |
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Date: June 1st, 2020 2:22 PM Author: topaz vibrant crackhouse Lol I’ve been hearing about this for two years (http://www.autoadmit.com/thread.php?thread_id=4547864&forum_id=2#40321396) |
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Date: June 1st, 2020 2:26 PM Author: Vigorous violent party of the first part It's happened now. (http://www.autoadmit.com/thread.php?thread_id=4547864&forum_id=2#40321428) |
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Date: June 1st, 2020 2:25 PM Author: Blue rambunctious sweet tailpipe 180
i suspect, however, this plunge will reverse. lots of workers leaving the bay area temporarily due to WFH. once that passes, people will be brought back. |
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Date: June 1st, 2020 2:27 PM Author: Vigorous violent party of the first part Obviously the plunge won't be down forever but many of the recent generation startups have had fundamental hits to their business model. And the new homeless in the city due to COVID probably won't leave. Supposedly in some areas of the city most affected (SOMA), rent is down 30%. (http://www.autoadmit.com/thread.php?thread_id=4547864&forum_id=2#40321432) |
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Date: June 1st, 2020 2:27 PM Author: topaz vibrant crackhouse What about permanent WFH, massive plunge in startup funding and hiring, acceleration of companies relocating to Texas, and the thousands of recent college grads and H1Bs who won’t be moving to SF this summer? (http://www.autoadmit.com/thread.php?thread_id=4547864&forum_id=2#40321433) |
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Date: June 1st, 2020 2:46 PM Author: Vigorous violent party of the first part Ironically this will turn Texas blue. (http://www.autoadmit.com/thread.php?thread_id=4547864&forum_id=2#40321573) |
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Date: June 1st, 2020 2:28 PM Author: smoky cerebral stage We aren’t going back to the office, boomer. Deal with it. (http://www.autoadmit.com/thread.php?thread_id=4547864&forum_id=2#40321444) |
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Date: June 1st, 2020 4:49 PM Author: Vigorous violent party of the first part (http://www.autoadmit.com/thread.php?thread_id=4547864&forum_id=2#40322377) |