Why Silicon Valley Works

Re:Why Silicon Valley Works by rgbrgb on Monday November 03, 2014 @03:01PM (#8553087)

To reinforce this point, here's a 2BD in the up-and-coming (e.g. highest crime-rate) Mission neighborhood priced at $1030/sf: https://www.openlistings.co/p/2558MISSIONST94110-2

Anecdotally, I know a gainfully employed senior engineer who was literally couch surfing with his wife and daughter for a month after losing their house. The excessive price of living caused by the housing shortage in the bay cannot be understated.

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Re:Why Silicon Valley Works by spydum on Monday November 03, 2014 @07:35PM (#8554526)

I cannot fathom these prices.. Homes in tampa, fl go for 110/sqft on the upper end nowadays. It was in the 200s during the housing bubble..

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Re:Why Silicon Valley Works by alva on Tuesday November 04, 2014 @03:17AM (#8555567)

ridiculously cheap compared to London!

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Re:Why Silicon Valley Works by DanBC on Tuesday November 04, 2014 @06:36AM (#8556051)

The sf means "square foot", which is a weird way of pricing somewhere.

http://www.rightmove.co.uk/property-to-rent/Hackney.html#/pr...

This flat in hackney is £675 per week and is 1700 square feet. (That's £2925 per month, or $4678 per month).

That price does not include council tax or utilities. Council tax at the lowest but full rate is £864.96 per month. That's roughly $1385 per month.

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Re:Why Silicon Valley Works by pmoriarty on Tuesday November 04, 2014 @06:12AM (#8555993)

Compared to the worst neighborhoods in London? Because the Mission is one of the worst neighborhoods in SF.

Also, please note the /sf (per square foot) of his price quote. I also thought it was way too cheap even for the Mission in SF, until I noticed the /sf.

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