Re:Nearly 12M Square Feet of Vacant Office Space in S.F
by kelnos on Monday October 26, 2020 @04:31AM
(#24893927)
> The real question is, why bother renting in SF when any of the surrounding cities are cheaper?
Because the pandemic-related shutdowns are temporary (though of course there will be lasting effects), and rents are 30% off their highs, with many landlords throwing free months and other incentives at people to get them to rent.
Sure, if you need/want to save some money over the span of the next 8-12 months, moving out might be a good idea, but if you want to live in the city, you're going to move back eventually, and moving itself isn't free. I think that's a thing that people seem to be missing: posts like yours seem to suggest that the only or main reason people live in SF is because their jobs are there and they want a short commute. That's... just not the case for many, many people.
I think there are valid arguments for leaving, valid arguments for staying, and valid arguments for moving in. But it depends on each person's individual situation and wants and needs.
Because the pandemic-related shutdowns are temporary (though of course there will be lasting effects), and rents are 30% off their highs, with many landlords throwing free months and other incentives at people to get them to rent.
Sure, if you need/want to save some money over the span of the next 8-12 months, moving out might be a good idea, but if you want to live in the city, you're going to move back eventually, and moving itself isn't free. I think that's a thing that people seem to be missing: posts like yours seem to suggest that the only or main reason people live in SF is because their jobs are there and they want a short commute. That's... just not the case for many, many people.
I think there are valid arguments for leaving, valid arguments for staying, and valid arguments for moving in. But it depends on each person's individual situation and wants and needs.