Re:San Francisco Tech Firms See Workers Flee from $4,500 Rents
by morgante on Tuesday April 05, 2016 @11:55PM
(#11436497)
Manhattan also has a lot more demand and benefits than SF.
NYC also offers plenty of compelling options in other boroughs that are simultaneously cheaper and more convenient than their SF equivalents.
Nah. Manhattan is a really, really expensive (not as expensive as SF, though, on the average) city to live in. SF rents would have dropped, but not enough to cover the influx of people coming in. Rent prices probably would've dropped in other areas of the Bay though.