So, in the tenderloin? Suddenly not a great deal.
No absolutely not. It's literally only a problem in Civic Center/Downtown/SOMA.
Closer to Golden Gate Park / Pac Heights is gorgeous.
Not most of the city, no. You moved right into its epicenter.
Luxury studios are going to $2400 already though.
Expecting further drops.
Yes, there are many people in Central Valley who can now afford to live out their dream of being in "the city".
A change of scenery is a change of scenery. I've met suddenly unencumbered East Coasters that roadtripped across during Phase 1 Shelter in Place, and they are content with the new environment.
I don't see these as demand drivers, as the replacements are not the economic powerhouses that were here: subsidized college kids and tech workers. So its nice if the city gets a diverse culture again, but in the topic of rent and housing prices, I wouldn't expect a rebound so optimistically.
But the other factor, which I think everyone is still neglecting, is that the exodus was only voluntarily exits. Evictions and foreclosures aren't happening and there is a massive backlog when they do. So with only the current date, November - January is when the fireworks start.
I've left now but I miss the SoCal weather badly.
What is not subjective is from summer to winter, SF has the least variance in average temperature due to its unique geography.
Yes SF rents are generally insane.