Re:Bay Area hammered by loss of jobs: Lack of affordable hou...
by linkregister on Monday October 23, 2017 @08:10PM
(#15538090)
Looking at Redfin, I see similarly-prices places in Presidio Heights, Marina, and near Dolores Park in Mission, all with much smaller lot sizes.
Sure, Peninsula is expensive, but its proximity to jobs is the major driver of its housing costs.
You can have all that and more in Salinas or San Luis Obispo, but you’ll find that the lack of jobs makes property values far lower.
You don’t have to tear down parkland or pave the horse trails to allow a few more large apartment complexes next to the already noise-polluting Caltrain line.
Sure, Peninsula is expensive, but its proximity to jobs is the major driver of its housing costs.
You can have all that and more in Salinas or San Luis Obispo, but you’ll find that the lack of jobs makes property values far lower.
You don’t have to tear down parkland or pave the horse trails to allow a few more large apartment complexes next to the already noise-polluting Caltrain line.