HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Places » U.S. » California (Group) » San Francisco is losing r...

Tue Oct 22, 2019, 06:53 PM

San Francisco is losing residents because it's too expensive for nearly everyone

SAN FRANCISCO — Social media influencer Sarah Tripp and her husband, Robbie Tripp, moved to San Francisco in 2016 brimming with optimism.

“We thought, here’s a city full of opportunities and connections where you go to work hard and succeed,” says Tripp, 27, founder of the lifestyle blog Sassy Red Lipstick.

But after a year-long hunt for suitable housing in San Francisco only turned up “places for $1 million that looked like rundown shacks and needed a remodel,” the couple packed up and moved to Phoenix.

They went from paying San Francisco rents of $2,500 for a one-bedroom, one-bath apartment that was far from shopping and other amenities, to purchasing a newly constructed 3,000-square-foot, four-bedroom, four-bathroom home where they’ll raise their newly arrived baby boy.

“It was cool to be living near all those high-tech startups,” Tripp says of her Bay Area years. “But you quickly saw that if you weren’t part of that, you’d be pushed out. It’s just sad.”

For the better part of two decades, the Bay Area has been a magnet for newcomers lured by a modern-day technology Gold Rush. But increasingly only those who have struck it rich can afford to stay.

https://www.msn.com/en-us/money/realestate/san-francisco-is-losing-residents-because-its-too-expensive-for-nearly-everyone/ar-AAJ1TUZ?li=BBnbfcL

5 replies, 900 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 5 replies Author Time Post
Reply San Francisco is losing residents because it's too expensive for nearly everyone (Original post)
Yo_Mama_Been_Loggin Oct 2019 OP
empedocles Oct 2019 #1
Rollo Oct 2019 #2
BigmanPigman Oct 2019 #3
FreeState Nov 2019 #5
yuiyoshida Oct 2019 #4

Response to Yo_Mama_Been_Loggin (Original post)

Tue Oct 22, 2019, 06:56 PM

1. 150g+ friend transferred to SF from DC, got a raise and COL adjustment -

said $4g/mth 1 br hurt

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Yo_Mama_Been_Loggin (Original post)

Tue Oct 22, 2019, 08:59 PM

2. It's probably little different from Manhattan...

The solution for many is to settle in one of the many surrounding communities and take BART into the city proper for work and/or entertainment.

It's a lot cheaper that way.

Back in the 60's, I knew a family that was able to rent flats in SF - albeit in the inner Sunset - for about $120/mo for a 3 bedroom. I think prices have gone up a bit since then.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Yo_Mama_Been_Loggin (Original post)

Tue Oct 22, 2019, 09:24 PM

3. 2016?

Apparently they didn't do their homework. Three years ago prices were almost as bad as now, what did they expect? Even my dog would know to check it out before moving there, especially if planning to raise a family. Moving costs money too, now they had to spend twice as much to move.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to BigmanPigman (Reply #3)

Sat Nov 2, 2019, 01:12 PM

5. That's what I was thinking

I moved to CA at 29 and it took me 5-6 years before I had good financial footing. It takes time - the guy in the article is 27 and his complaints sound like every millennial I’ve worked with - often wanting everything without sacrifice or hard work.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Yo_Mama_Been_Loggin (Original post)

Mon Oct 28, 2019, 10:55 AM

4. Yeah,so much for Rent Control...

I am in a Rent Control place, a Granny Unit in a garage in a house...each year the price crawls up.. My landlady is originally from Romania..she refuses to take anything but a bank check which costs me an extra 20 dollars a month. When it comes to Repairs, she sends her son to fix stuff.. and I am not so sure how well versed he is in home repair... but she is your basic slum lord...and
I have had run ins with her over lots of stuff..I been tempted to Lawyer up in a few instances but haven't done so.

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread