Re:San Francisco apartment rent prices are dropping fast
by kyleblarson on Wednesday July 01, 2020 @06:01PM
(#23707294)
On the flip side, I live in a very rural valley in North Central Washington State that is a prime location for climbing, skiing, mountain biking, etc. We are about 4 hours from Seattle in the summer when the pass is open. Housing prices have spiked in the last 6 months with many going pending in a day with cash offers. It was never like that before. The good builders are already booked through 2022 for new construction.
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Re:San Francisco apartment rent prices are dropping fast
by jseliger on Wednesday July 01, 2020 @06:59PM
(#23707842)
There are companies like Factory OS: https://www.nytimes.com/2018/06/07/business/economy/modular-... or Build Atoms: https://www.buildatmos.com/timetobuild that are supposed make rolling out new construction much faster and easier, though I don't know what their practical impact is right now.
Re:San Francisco apartment rent prices are dropping fast
by thebladerunner on Wednesday July 01, 2020 @07:04PM
(#23707874)
People are moving out the city (or getting second homes) - that is exactly the trend you are seeing. The urbanization tide has reversed. For how long? Who knows...
Re:San Francisco apartment rent prices are dropping fast
by driverdan on Wednesday July 01, 2020 @06:14PM
(#23707412)
I've been watching a number of different markets and it's crazy. In Flagstaff and Chattanooga, for example, many houses get offers within hours of being listed.
Re:San Francisco apartment rent prices are dropping fast
by jseliger on Wednesday July 01, 2020 @07:01PM
(#23707857)
Millenials are demographically numerous and are also now bunched in the "make a family or don't" slice of time. Unless someone makes $300,000 or more a year, as almost no one does, that's very difficult in California, New York, Boston, and increasingly even places like Seattle. COVID may be accelerating preexisting trends and pressures.
Re:San Francisco apartment rent prices are dropping fast
by gregkerzhner on Wednesday July 01, 2020 @11:12PM
(#23709577)
Do you live in Winthrop?
Re:San Francisco apartment rent prices are dropping fast
by kyleblarson on Friday July 03, 2020 @01:19PM
(#23725723)
Between Winthrop and Mazama