Re:Remote work is reshaping San Francisco, as tech workers f...
by NotSammyHagar on Sunday August 16, 2020 @09:13PM
(#24182838)
There is enough new housing here that apt buildings went down in monthly cost last summer. People keep moving here so house prices have been stubbornly resilient.
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Re:Remote work is reshaping San Francisco, as tech workers f...
by rtlfe on Sunday August 16, 2020 @11:21PM
(#24183549)
According to this, Seattle rents doubled from 2010 to 2016 and have been fairly flat since then. SF seems to follow basically the same curve: up 1.5x from 2010 to 2016 then flat-ish.
https://www.rentjungle.com/average-rent-in-seattle-rent-tren...
https://www.rentjungle.com/average-rent-in-san-francisco-ren...
Re:Remote work is reshaping San Francisco, as tech workers f...
by NotSammyHagar on Monday August 17, 2020 @05:12PM
(#24192172)
That about matches this story, but some places had small drops and the hidden price reductions by keeping monthly price high but giving free months. https://www.seattletimes.com/business/real-estate/renter-boo...
Maybe I was too much on the dropping side but the article says prices had been booming like you said for a decade and 10k units were filled and then prices stabilized.