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Old 02-07-2008, 11:05 AM
 
Location: Los Altos Hills, CA
36,653 posts, read 67,476,702 times
Reputation: 21228

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Southern California InFocus - Four California cities in top 10 for highest rent (http://www.infocusnews.net/content/view/20078/135/ - broken link)

Double whammy of hurt for the Bay Area. Most expensive home price in the nation and the 2nd most expensive rents and climbing.
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Old 02-07-2008, 12:19 PM
 
28,113 posts, read 63,642,682 times
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Thank You for posting the Link
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Old 02-08-2008, 04:33 PM
 
639 posts, read 1,042,816 times
Reputation: 141
The rents go up every year, if you live in a new building, you are not covered by rent control so you will pay rent at market rate, and even if you move into a rent control building your rent will start off at market rate so any way you are going to get hosed.

You know what will fix all that? A nice "BIG" earthquake to rattle the nerves of the money thirsty landlords, earth quakes are actually good for the environment and for the U-Haul moving companies, trust me, a nice earthquake will get people on the move again and the cost of living will stagnate for a while.

Back in 1989 late October it was nice seeing all the for rent and for sale signs, and U Haul trucks everywhere in every neighborhood.
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Old 02-08-2008, 04:35 PM
 
409 posts, read 1,830,105 times
Reputation: 301
hear, hear on the EQ. That's the only way to control rents it seems...
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Old 02-08-2008, 04:56 PM
 
639 posts, read 1,042,816 times
Reputation: 141
It's true, had it not been for the 1989 Loma Prieta earthquake, there's no way I could have ever afforded an apartment in this beautiful expensive over priced city, I love it here but I dont feel I'm getting my moneys worth, so I'm planning on moving to higher grounds anyway.
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Old 02-08-2008, 10:30 PM
 
67 posts, read 518,539 times
Reputation: 39
How do people do it?? Are jobs REALLY that well-paying in CA to support such an outrageous cost of living?
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Old 02-08-2008, 11:07 PM
 
Location: earth
463 posts, read 646,563 times
Reputation: 62
Most people are reduced to living in crummy dwellings with multiple roomates
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Old 02-08-2008, 11:18 PM
 
99 posts, read 112,035 times
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Most folks who live in SF are usually rich young people who milked the tech industry.

Sf is full of geeks who make 6 figures easy hands down.

Thats why they charge much for rent cuz people have big wallets their.
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Old 02-09-2008, 02:29 AM
 
17 posts, read 54,881 times
Reputation: 13
Quote:
Originally Posted by Mr Bigman View Post
Most folks who live in SF are usually rich young people who milked the tech industry.

Sf is full of geeks who make 6 figures easy hands down.

Thats why they charge much for rent cuz people have big wallets their.
precisely! and some have rich parents who just gave them a load of cash but thats just like alot of other cities!!
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Old 02-09-2008, 01:13 PM
 
Location: earth
463 posts, read 646,563 times
Reputation: 62
which is why SF is a crum-bum town. one half crummy people the other half bums.
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