Re:Google Plans Large New York City Expansion
by nostrademons on Thursday November 08, 2018 @03:12AM
(#18404979)
If NYC is currently at $3634 then yes, NYC has done much better than SF.
I remember getting out of college in 2005, hearing about the $3000+ 1BR apartments in NYC, and thinking "Why the hell would anyone want to move to NYC?" (I was living with my parents in Boston at the time, but looked at moving out and would've paid $650 with roommates or about $1100 for a 1BR in that city.) My now-wife was living in SF that same year and paid $1200 in rent.
The huge increases in SF rent happened mostly from 2010-2015. I paid $1400/month for a 1BR in 2009-2010 (Mountain View, not SF, but SF was still < $2000 at the time). By 2014 it was basically impossible to find something < $3000 in any transit-accessible part of the city, and apparently it's leveled off since.
I remember getting out of college in 2005, hearing about the $3000+ 1BR apartments in NYC, and thinking "Why the hell would anyone want to move to NYC?" (I was living with my parents in Boston at the time, but looked at moving out and would've paid $650 with roommates or about $1100 for a 1BR in that city.) My now-wife was living in SF that same year and paid $1200 in rent.
The huge increases in SF rent happened mostly from 2010-2015. I paid $1400/month for a 1BR in 2009-2010 (Mountain View, not SF, but SF was still < $2000 at the time). By 2014 it was basically impossible to find something < $3000 in any transit-accessible part of the city, and apparently it's leveled off since.