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Location: Baghdad by the Bay (San Francisco, California)
3,530 posts, read 5,135,780 times
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Quote:
Originally Posted by NCOriolesfan
Not to sound to simple but at least I could make my rent in Philly. I know people in Boston and the Bay Area making $80,000 a year and living very modestly. S**t, give me 50k and I can live right in Philly.
Not to sound to simple but at least I could make my rent in Philly. I know people in Boston and the Bay Area making $80,000 a year and living very modestly. S**t, give me 50k and I can live right in Philly.
That seems about right. Philadelphia is pretty sweet.
Seeing as there is already 94 pages of this thread, someone probably already addressed this, but what does $1000-$2500 bucks a month for rent get you in each city?
In Philly, you can pretty much get a studio or one person apartment in desirable areas for around $1200, and if you are willing to live a little farther out even cheaper (if someone is more knowledgeable on this feel free to correct me on the prices, I haven't moved in a few years now).
Seeing as there is already 94 pages of this thread, someone probably already addressed this, but what does $1000-$2500 bucks a month for rent get you in each city?
In Philly, you can pretty much get a studio or one person apartment in desirable areas for around $1200, and if you are willing to live a little farther out even cheaper (if someone is more knowledgeable on this feel free to correct me on the prices, I haven't moved in a few years now).
$1,000 in SF proper might get you a bedroom in someone's apt., or you might still have to share a bedroom.
The average apt rental within 10-miles of SF is $3,469
The average 2bd apt rental within 10-miles of SF is $4,040
The current frenzy in the local rental market is quite annoying.
My cousin, age 28, earns $150,000 a year a lives with his mom because he's saving up to buy a condo in The City but wont drop 3K a month on a rental studio.
The current frenzy in the local rental market is quite annoying.
My cousin, age 28, earns $150,000 a year a lives with his mom because he's saving up to buy a condo in The City but wont drop 3K a month on a rental studio.
Well then he sounds smart actually.
He could then be able to rent out that condo for a frenzy of a price and live wherever he chooses (as long as he checks out the association rules), or just live in the condo for cheaper than rent.
The current frenzy in the local rental market is quite annoying.
My cousin, age 28, earns $150,000 a year a lives with his mom because he's saving up to buy a condo in The City but wont drop 3K a month on a rental studio.
That's honestly quite absurd. NYC and SF are just becoming way too overpriced for your average person. In Center City in a highrise, you would pay $2800 - $3500 for a large two bedroom or small three bedroom. $4000-$5000 for larger three bedroom. $1200-$1800 for a studio. $1700-$2700 for a one bedroom.
In the surrounding core neighborhoods you're looking at $200 dollars less for everything. When you get into rougher neighborhoods you could be paying three or four times less than that.
Get into the outer neighborhoods in Northwest, Northeast, Far West Philly, Upper North, etc. You're probably paying half of Center City prices.
The current frenzy in the local rental market is quite annoying.
My cousin, age 28, earns $150,000 a year a lives with his mom because he's saving up to buy a condo in The City but wont drop 3K a month on a rental studio.
Its all relative I guess, unless you are a lower income person, then you are just pushed out.
Its all relative I guess, unless you are a lower income person, then you are just pushed out.
In many cases yeah, but people always forget to mention that those insane prices are market rate, and don't apply to the 60% of SF's housing units that have rent control, and of course doesn't apply to public housing ( which SF has a lot of). Which means that many of SF's poorest residents are still around, and a sizable middle class still exists in SF.
For example, I just moved out of a well-located and rent controlled studio apartment in SF where I was paying "only" $900 for rent and utilities. That's pretty damn cheap by SF standards. The same place at market rate would be twice as expensive.
In many cases yeah, but people always forget to mention that those insane prices are market rate, and don't apply to the 60% of SF's housing units that have rent control, and of course doesn't apply to public housing ( which SF has a lot of). Which means that many of SF's poorest residents are still around, and a sizable middle class still exists in SF.
For example, I just moved out of a well-located and rent controlled studio apartment in SF where I was paying "only" $900 for rent and utilities. That's pretty damn cheap by SF standards. The same place at market rate would be twice as expensive.
Good stuff, I didnt know there was that much, 60%?
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