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Its pathetic that Oakland is that expensive now. The city is being flooded with SF housing refugees, artists, hipsters, techies and start up companies that cant afford The City anymore but still make enough money to drive up Oakland rental rates. Oakland needs tons and tons of housing units but our idiotic nimbys want to preserve the ghetto(smmfh) and the new units that do get built are all for rich people(smmfh again)
The Bay Area is so self defeatist when it comes to our housing strategy. People dont realize theyre pricing out their own children from being able to afford this place once they grow up. Thats why the Bay to Central Valley mass migration has intensified and why farflung, end-of-the-world outposts like Manteca and Los Banos are now bedroom communities of the Bay.
At this rate Reno will someday be part of the SF CSA.
Their listings for apartments in Chicago must skew towards the luxury side, because only a handful of neighborhoods in the entire city have average one bedroom rents that are roughly $2000. Even in a neighborhood like Lincoln Park, the average rent is more like $1500-1600.
Yeah you must be right. Don't know that much about Chicago real estate buts its often touted as being affordable so the high ranking surprised me
Affordable for what it offers. It's still one of the biggest and important cities in the USA, it shouldn't be cheap. Just cheaper than NYC.
On that chart, its ahead of LA. Based on what I hear about Chicago's affordability, being ranked higher than LA and just below DC is a surprise. Chicago's relative affordability is often touted as an advantage of the city. The number is being disputed by Chicago posters though so it doesn't matter. Sounds like they chose a more expensive part of the city to pull those figures.
Oakland the 4th most expensive city? Living in the hood is expensive these days in the US. I pay 650 a month for a 3 bedroom house, you Americans sure are getting ripped off in your col these days. Not a surprise many people work 2 or 3 jobs to make a living with rents like that.
Oakland the 4th most expensive city? Living in the hood is expensive these days in the US. I pay 650 a month for a 3 bedroom house, you Americans sure are getting ripped off in your col these days. Not a surprise many people work 2 or 3 jobs to make a living with rents like that.
Housing costs are lower in the U.S. than in Netherlands, and salaries are higher, so nothing you wrote makes any sense.
The U.S. has the lowest housing cost to income ratio of any major country on earth.
Like the graphs shows, housing costs are much, much higher in the US and the salaries and standard of living is much lower hence the need for many people working 2-3 jobs to make ends meet. Thanks for trying though.
Oakland the 4th most expensive city? Living in the hood is expensive these days in the US. I pay 650 a month for a 3 bedroom house, you Americans sure are getting ripped off in your col these days. Not a surprise many people work 2 or 3 jobs to make a living with rents like that.
The market speaks, Oakland/Berkeley offers an urban experience in the Bay that only SF can surpass. Better weather too imo. Plus if you're paying over 2K/month for a 1 bed in Oakland you are not in the hood.
Sacramento is definitely getting Bay overflow which is part of the increase in our prices. Sac Metro is still one of the better bang:buck deals in Ca but that's disappearing, we have the same supply/demand imbalance choking the Bay. I'd rather not go the PDX/ATX route of mid-sized metro (and mid sized amenities) with large metro prices, so hopefully we can stay under the radar a bit longer.
Its pathetic that Oakland is that expensive now. The city is being flooded with SF housing refugees, artists, hipsters, techies and start up companies that cant afford The City anymore but still make enough money to drive up Oakland rental rates. Oakland needs tons and tons of housing units but our idiotic nimbys want to preserve the ghetto(smmfh) and the new units that do get built are all for rich people(smmfh again)
The Bay Area is so self defeatist when it comes to our housing strategy. People dont realize theyre pricing out their own children from being able to afford this place once they grow up. Thats why the Bay to Central Valley mass migration has intensified and why farflung, end-of-the-world outposts like Manteca and Los Banos are now bedroom communities of the Bay.
At this rate Reno will someday be part of the SF CSA.
Sadly, LA hasn't learned a thing from what's happened in SF:
How is NYC that high if these prices include the outer boroughs (where the majority of people in NYC live and where the vast majority of housing is)? The data they're using must be pretty skewed.
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