Only 10% of San Francisco's workforce is in the tech sector

[GalacticDragonfly]

Originally Posted by new2Yuppie

Where are these IT-tech buses I hear about? never seen them are they in south san fran?

They're somewhat unnoticeable by they're giant white buses, usually double-decker, and if you don't focus on them they just look like tour buses. They tend to have an orange sign near the door, and they stop at MUNI stops.

I used to never know what they were when they kept strangely stopping and letting people off at Taraval and 16th St/ California 1 stop. Which was also a popular MUNI stop.

[shooting4life]

Originally Posted by 3rdGen SFan

How far back in time? If you mean prior to the 1990s, rent & house prices were more reasonable, and I personally only remember a couple of unreasonably high rent & building lease hikes.

The 1990s was different because more people than usual moved into SF, and a lot of landlords began gouging. Most people blamed the landlords for that because many of the renters who couldn't afford the rents were transplants.

The first tech boom made costs worse, not to mention the traffic & competition for parking, and this new tech boom increased problems for many people, although the tech shuttle buses do help prevent making the traffic & parking competition into a huge disaster.

I don't rent, I'm still able to afford to live here, and I don't compete for parking (gave up driving in the 1990s), but I still have some compassion for people experiencing problems I'd hate to have myself.

The easy way to not have to worry about increasing cost of rent is to own.

Rising rent is the down side to the upside of no maintenance and no risk. You pay the set amount for the contracted time and that is all you worry about. Roof leaks, not your problem, toilets clogged, not your problem, fence falls down, not your problem, etc. It is like people expect land lords to run a charity. I wonder how many tenants paid above market rate during the recession because the landlord was taking a bath as rents decreased with their property value.

[04kL4nD]

Too bad there is a shortage of affordable properties pretty much everywhere in the desirable parts of the Bay. Even if you can afford it, good luck competing with all cash buyers who will routinely overbid by 100K over list...

[bentobox34]

Originally Posted by NorCal Dude

Sf is merely the urban suburb where techies are domiciled.

Most commute to silicon valley for work.

What is your data source confirming that "most" tech employees who live in SF commute to Silicon Valley for work? That doesn't seem likely to me.

From the latest census data, there are ~440,000 employed residents (all sectors) in SF, and ~19,000 employees who commute from SF to Santa Clara County (all sectors). That's about 4% - a far cry from "most."

The latest estimate of total tech shuttle ridership in the Bay Area is 7,000 riders. That includes shuttles that don't touch San Francisco (e.g. East Bay shuttles, shuttles from South SJ to employers, etc). There are about 3.5 million total commuters in the Bay Area, so tech shuttle riders represent 0.2%.

[NorCal Dude]

Originally Posted by bentobox34

What is your data source confirming that "most" tech employees who live in SF commute to Silicon Valley for work? That doesn't seem likely to me.

From the latest census data, there are ~440,000 employed residents (all sectors) in SF, and ~19,000 employees who commute from SF to Santa Clara County (all sectors). That's about 4% - a far cry from "most."

The latest estimate of total tech shuttle ridership in the Bay Area is 7,000 riders. That includes shuttles that don't touch San Francisco (e.g. East Bay shuttles, shuttles from South SJ to employers, etc). There are about 3.5 million total commuters in the Bay Area, so tech shuttle riders represent 0.2%.

Silcon valley is everything from fremont (cisco) to redwood shores(ea games, oracle).

I'm talking about tech workers in sf, not all workers , and not people who ride google bus or what ever.

[felinius]

Originally Posted by 3rdGen SFan

The first tech boom made costs worse, not to mention the traffic & competition for parking, and this new tech boom increased problems for many people, although the tech shuttle buses do help prevent making the traffic & parking competition into a huge disaster.

Not really correct... in the past two years, traffic has gotten much, much worse. Used to be able to go from OAK to Santa Cruz in 2 hours, now it takes 1.5 hours just to get from OAK to MV. Only a small minority of workers take the buses, apparently.

[bentobox34]

Originally Posted by NorCal Dude

Silcon valley is everything from fremont (cisco) to redwood shores(ea games, oracle).

I'm talking about tech workers in sf, not all workers , and not people who ride google bus or what ever.

OK, I'm still waiting for the data that shows that "most" tech employees who live in SF work in Silicon Valley.