San Francisco Apartment Rents Crater Up to 31%, Most in U.S.

Re:San Francisco Apartment Rents Crater Up to 31%, Most in U.S. by quicklyfrozen on Tuesday October 13, 2020 @12:48PM (#24767310)

Some will want to stay in proximity to the young people they already know.

[ Parent | on HN ]

Re:San Francisco Apartment Rents Crater Up to 31%, Most in U.S. by throwaway4715 on Tuesday October 13, 2020 @08:04PM (#24771781)

The ones that want that already do.

[ Parent | on HN ]

Re:San Francisco Apartment Rents Crater Up to 31%, Most in U.S. by onecommentman on Wednesday October 14, 2020 @12:13AM (#24773035)

All of them? Your response suggests that.

I’d counter that many young people permanently leave their “hometown” for financial opportunities that are currently only available away from that “hometown”.

For privileged young folks who are “amenity migrants”, your statement would be admittedly true. It might be a bit classist to extend that assumption to all young people.

[ Parent | on HN ]

Re:San Francisco Apartment Rents Crater Up to 31%, Most in U.S. by kelnos on Wednesday October 14, 2020 @01:30AM (#24773404)

I'm not convinced that most people will want to move back to their hometown after being away for any non-trivial amount of time. I certainly wouldn't. My old high school friends are different people who I don't know anymore (save for a few who who I'm still close with, who coincidentally also don't live in our hometown and wouldn't move back). My friends are mostly people I've met in my new town, and I wouldn't want to leave them without good reason.

Sure, people who grew up in $COOL_PLACE but moved to $OTHER_PLACE for a job might want to (and be able to) move back to $COOL_PLACE now, but I don't think that generalizes to most of America.

[ Parent | on HN ]