San Francisco losing more residents than any other city. When will Seattle see the same? (Pacific: real estate, rental)

[usernametaken]

It is inevitable that Seattle will see the same based on the quote I pasted at the bottom of this post. Hopefully it happens by 2020.

My rent finally stopped increasing last year. Hope that is a sign.

San Francisco residents moving causes increase in U-Haul rental prices - Business Insider

https://www.nytimes.com/2018/03/04/t...y-midwest.html

Startup founders and venture capitalists have little reason to stay and invest in expensive real estate, especially since today's technology makes working remotely so seamless.

[RotseCherut]

Seattle use to be the cheaper IT mecca destination to go when you couldn't bear the insanity of Bay area prices. Now, the news is out and Seattle properties are rising to San Francisco levels. In fact, I would be more surprised if Seattle didn't surpass San Francisco in the next few years as the prices will keep skyrocketing. However, as with all cities built riding the wave of a single industry, the tidal wave will collapse and become nothing. People are riding the Seattle wave, but it is true that more and more investors are actually jumping ship from Seattle. In fact, cities like Los Angeles has surpassed both Bay Area and Seattle in the number of new startups. People finally figured out that having year round good weather beats chilly foggy weather and rainy, dreary and cloudy weather almost year round for a much higher price tag.

More and more people are finally coming to terms that Seattle is not the green liberal utopian paradise that all the brochures portray it. If even a person like Anthony Bourdain on his own show is going to call out Seattle on how much Seattle has started to suck you know that the city is got problems. The negative PR will start being broadcasted across the country. However, still so many people who live outside the Pacific Northwest still are not educated about Seattle and still believe in all the fantasies and drool over the google images, Outdoor TV shows and postcards they have seen.

[Seacove]

Originally Posted by RotseCherut

Seattle use to be the cheaper IT mecca destination to go when you couldn't bear the insanity of Bay area prices. Now, the news is out and Seattle properties are rising to San Francisco levels. In fact, I would be more surprised if Seattle didn't surpass San Francisco in the next few years as the prices will keep skyrocketing. However, as with all cities built riding the wave of a single industry, the tidal wave will collapse and become nothing. People are riding the Seattle wave, but it is true that more and more investors are actually jumping ship from Seattle. In fact, cities like Los Angeles has surpassed both Bay Area and Seattle in the number of new startups. People finally figured out that having year round good weather beats chilly foggy weather and rainy, dreary and cloudy weather almost year round for a much higher price tag.

More and more people are finally coming to terms that Seattle is not the green liberal utopian paradise that all the brochures portray it. If even a person like Anthony Bourdain on his own show is going to call out Seattle on how much Seattle has started to suck you know that the city is got problems. The negative PR will start being broadcasted across the country. However, still so many people who live outside the Pacific Northwest still are not educated about Seattle and still believe in all the fantasies and drool over the google images, Outdoor TV shows and postcards they have seen.

Rotse, why still here? Why return after Idaho? Why not Tennessee or the south or Raleigh Triangle or Portland or anywhere else? Los Angeles is not even in the top ten for tech jobs and the Bay Area is still number one, it's just that the cost of living is so high. At least cite a source when making such claims. I'm not even going to talk up Seattle because the last thing we need is more people moving here than already are.

[RotseCherut]

Originally Posted by Seacove

Rotse, why still here? Why return after Idaho? Why not Tennessee or the south or Raleigh Triangle or Portland or anywhere else? Los Angeles is not even in the top ten for tech jobs and the Bay Area is still number one, it's just that the cost of living is so high. At least cite a source when making such claims. I'm not even going to talk up Seattle because the last thing we need is more people moving here than already are.

Seacove, I am moving to Portland in June and will not return to the Puget Sound.. You got your wish so, crack open a bottle of something nice and have a party.. One less Jewish Libertarian to pollute your precious liberal/free-thinking/white Anglo-Saxon/Nordic Protestant (WASP) utopia.

I will be in Portland for a year or two for business venture and then will be either leaving the USA or perhaps looking into relocating to another part of the country that is more affordable to live, has a bit more sunshine and is friendly to both Jewish people and Libertarian politically affiliated people, as myself.

Congratulations, Seacove!

P.S.
Oh , don't worry about preventing more people from moving here. It is people like me who help made your city what is today and it will be all the newcomers with all their radically progressive ultra-left wing socialist views who will help turn Seattle in the cesspool it is bound to become.

Getting rid of people like me only helps invite 1000s of more people to come.. In reality, you should have been fighting for me to stay

[Neerwhal]

Originally Posted by usernametaken

It is inevitable that Seattle will see the same based on the quote I pasted at the bottom of this post. Hopefully it happens by 2020.

My rent finally stopped increasing last year. Hope that is a sign.

San Francisco residents moving causes increase in U-Haul rental prices - Business Insider

https://www.nytimes.com/2018/03/04/t...y-midwest.html

I thought all those Bay Area bums were moving up here...

Seriously though, we already are seeing many families move out of Seattle. It's just so hard particularly if you aren't dual income and have kids.

[Seacove]

Originally Posted by RotseCherut

Seacove, I am moving to Portland in June and will not return to the Puget Sound.. You got your wish so, crack open a bottle of something nice and have a party.. One less Jewish Libertarian to pollute your precious liberal/free-thinking/white Anglo-Saxon/Nordic Protestant (WASP) utopia.

I will be in Portland for a year or two for business venture and then will be either leaving the USA or perhaps looking into relocating to another part of the country that is more affordable to live, has a bit more sunshine and is friendly to both Jewish people and Libertarian politically affiliated people, as myself.

Congratulations, Seacove!

How does one even know a stranger's religion? I've always wondered why that popped up in all the posts when no one even knows what anyone else's religion is. I'm not religious so maybe I'm missing some secret code or signal others are sending? Anyway, if Portland and other places will bring happiness, then that is a good thing. It can't be healthy to be so unhappy for all this time.

[RotseCherut]

Originally Posted by Seacove

How does one even know a stranger's religion? I've always wondered why that popped up in all the posts when no one even knows what anyone else's religion is. I'm not religious so maybe I'm missing some secret code or signal others are sending? Anyway, if Portland and other places will bring happiness, then that is a good thing. It can't be healthy to be so unhappy for all this time.

Agreed.. I will come back to visit for hiking in the Olympics and Cascades.. Is that ok with you?

Well, first, there are Atheist Jews. Being Jewish is both an ethnicity and a religion. Although, I am not a fan of this terminology, it is the terminology that most of the world understands. I'd say I am an Torah-believing Israelite, but who would understand what that means?

Why do I mention my religion/ethnicity? Well, I feel not welcomed in this area because of it, among other issues. Being a Libertarian Torah believing Israelite/Jew, it pretty much makes me the anti-thesis of what a Puget Sound resident is suppose to be, an atheist gentile (preferably white of an Anglo-Saxon/Nordic background) Democrat/Liberal.

And, to go back to the OP's post and not go off track, I would say the cost of living for the luxury of perpetual rain and clouds, being treated like a 2nd class citizen because of my ethnicity/religion and being chastised and despised for my political views is not worth the price. It would be one thing if I could buy a nice home with a view of the Sound and Mt Rainier in the $200,000 range like back in the 80s. If that were still the case, maybe I could put up with all the crap for the beauty and environment. However, as it stands you could be making $100,000 a year in Seattle and all you will have to show for it is one day being able to retire in some tiny little 1 bedroom condo, if you are lucky not to be living off of welfare the rest of your life or work until you drop dead. If I were living in a place were people were friendly, outgoing, TRULY open-minded (not this pseudo-progressiveness), had some more sunshine, maybe this cost of living and accepting a more poverty-like lifestyle would also be more acceptable.

[Seacove]

Originally Posted by RotseCherut

Agreed.. I will come back to visit for hiking in the Olympics and Cascades.. Is that ok with you?

Well, first, there are Atheist Jews. Being Jewish is both an ethnicity and a religion. Although, I am not a fan of this terminology, it is the terminology that most of the world understands. I'd say I am an Torah-believing Israelite, but who would understand what that means?

Why do I mention my religion/ethnicity? Well, I feel not welcomed in this area because of it, among other issues. Being a Libertarian Torah believing Israelite/Jew, it pretty much makes me the anti-thesis of what a Puget Sound resident is suppose to be, an atheist gentile (preferably white of an Anglo-Saxon/Nordic background) Democrat/Liberal.

But no one knows your religion or ethnicity, Seattle is a bit of a melting pot. To imagine someone is judging when they have no idea seems...unfounded.

Originally Posted by RotseCherut

And, to go back to the OP's post and not go off track, I would say the cost of living for the luxury of perpetual rain and clouds, being treated like a 2nd class citizen because of my ethnicity/religion and being chastised and despised for my political views is not worth the price. It would be one thing if I could buy a nice home with a view of the Sound and Mt Rainier in the $200,000 range like back in the 80s. If that were still the case, maybe I could put up with all the crap for the beauty and environment. However, as it stands you could be making $100,000 a year in Seattle and all you will have to show for it is one day being able to retire in some tiny little 1 bedroom condo, if you are lucky not to be living off of welfare the rest of your life or work until you drop dead. If I were living in a place were people were friendly, outgoing, TRULY open-minded (not this pseudo-progressiveness), had some more sunshine, maybe this cost of living and accepting a more poverty-like lifestyle would also be more acceptable.

It's not Seattle's fault that it has grown and attracted prosperous companies which have increased more growth. Are we supposed to impose rent control? Demand people sell their houses for cheaper? This is the market at work. Being angry because a city became prosperous? The same thing that one finds intolerable, another who did buy at that time views the home equity they've achieved as the realization of being able to sell that house and buy one further out free and clear. There are many who are quite thrilled by Seattle prosperity. San Francisco got very expensive but someone that bought even five years ago has made money. I wouldn't be interested in living in the Bay Area because of its density. It's wall to wall buildings with very little green space left. But the property values, while unquestionably high, are still growing.

As for our weather - it's our weather. We shouldn't apologize, that is a characteristic of Seattle. It's not a good fit for some people and we should be grateful for that or we would have even more people pouring in.

[RotseCherut]

Originally Posted by Seacove

But no one knows your religion or ethnicity, Seattle is a bit of a melting pot. To imagine someone is judging when they have no idea seems...unfounded.

I don't want this thread to stray off topic, so I won't say much more, but as long as I live here I will have to keep it that way so I don't face any more racial/religious attacks..

[Haakon]

Housing prices are what is driving people out, median home price in SFO is over $1.5 million, double Seattle, so Seattle has quite a ways to go up before home prices are likely to make more people leave than arrive. Over 200 people per day move to the area now and the builders aren't keeping up with demand. I fully expect housing prices and rent to keep climbing in King County for a few more years.