Re:The Places in America Where Most Income Goes to Rent
by dawhizkid on Wednesday August 08, 2018 @03:47PM
(#17718841)
70% of rentable units in San Francisco are rent-controlled. I know many very high paid people who pay well below “market rate” for their apartments. If you do it right you can live in SF for less than many “cheaper” cities and yet make much more money.
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Re:The Places in America Where Most Income Goes to Rent
by dionidium on Wednesday August 08, 2018 @03:50PM
(#17718857)
How do you "do it right?"
Re:The Places in America Where Most Income Goes to Rent
by bvc35 on Wednesday August 08, 2018 @04:29PM
(#17719188)
Make sure you already live in San Francisco and use the government to cap out your rent to the detriment of literally everyone else.
Re:The Places in America Where Most Income Goes to Rent
by ironjunkie on Wednesday August 08, 2018 @05:24PM
(#17719625)
Exactly.
Use the laws supposedly made for poor people, and use them at your advantage (like most of the wealthy do).
Also yell and pretend high and clear that you want to help the poor.
Re:The Places in America Where Most Income Goes to Rent
by nerfhammer on Wednesday August 08, 2018 @03:56PM
(#17718904)
Get there first
Re:The Places in America Where Most Income Goes to Rent
by guiomie on Wednesday August 08, 2018 @04:37PM
(#17719252)
Agreed. I just left my apartment in SF, 1BR/1BA for 1900$, now whomever is gonna take it will rent at 2200$. I think you can outperform buying house by renting for a longterm in the bay area.
Re:The Places in America Where Most Income Goes to Rent
by pmiller2 on Wednesday August 08, 2018 @04:31PM
(#17719212)
Stay 5+ years in your rent controlled apartment.
Re:The Places in America Where Most Income Goes to Rent
by TomMckenny on Wednesday August 08, 2018 @04:24PM
(#17719146)
Have true rent control rather than what SF does.
Re:The Places in America Where Most Income Goes to Rent
by knuththetruth on Wednesday August 08, 2018 @04:15PM
(#17719052)
Rent controlled or rent stabilized? Because those are two very different things and I can find no evidence of the former being true.