Saturday, October 3, 2020

San Francisco Rents Crash Most On Record Amid Mass Exodus - Which Is A Good Thing

 Maybe soon it will be possible to live in the city at a reasonable price.

According to real estate analytics company Zumper, the exodus, out of San Francisco has been so great, that the median rent for a one-bedroom apartment collapsed more than 20% in September from a year ago to $2,830. Month over month, September rent for a one-bedroom apartment in the city fell by 7%. 

"Not only is this drop among the largest yearly decreases Zumper has ever recorded in our history of tracking rental prices, but it was also the first time the median 1-bed price in San Francisco was priced below $3000. These combined trends show just how drastically the market has changed in the nation's most expensive city to rent." 

Let's see now.  High living costs, rampant vagrancy, trash and feces on the streets, a feckless political class that allows criminal activities to thrive, the real possibility of working remotely, the virus - hey, why live in the city at all?

The whole idea of city living is being upended and drastically changed.  In five years, things will very likely be radically different, and hopefully much better.  Maybe a new way of living, perhaps mid or small cities, like nodes, spread all over with open space in between, run by people who want to maintain law and order. A much more people friendly way of living.

13 comments:

  1. Yeah, living there might be more affordable, but as quality of life goes lowe and lower, would you call that "living"? And then there is the insane political environment. No thanks.

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  2. The big downside is that all of these moonbats who caused the problems in the first place by voting in progressives (commie pinkos) will be moving to the 'burbs. We certainly don't want them here. Yes, I'm a NIMBY............

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  3. Maybe a new way of living, perhaps mid or small cities, like nodes, spread all over with open space in between, run by people who want to maintain law and order. A much more people friendly way of living.

    Quite possible, CW, and if talk of moving federal agencies out of DC would come to fruition, the scenario you mention would receive a good boost. Well as long as the agencies do not bring their current reprehensible habits with them.

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  4. Seeing a Sodom & Gomorrah city crumble doesn't mean the cockroach inhabitants will vanish from the earth. They'll just vacate the area and spread to other venues to continue their social and cultural destruction.

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    1. Hopefully many of them have learned their lesson.

      When you look at New York City as it thrived under Giuliani and Bloomberg, it is clear that a city can work very well indeed, with the right principles guiding the people and the leadership. The true cure is to educate the people properly, either in school or less ideally in the school of hard knocks, which is what we are unfortunately getting now. But maybe enough eyes will be opened...

      Mega cities can certainly be great places to live with lots of quality of life, but not on a liberal or progressive ideology. It's as clear as it possibly can be.

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    2. Mega cities can certainly be great places to live with lots of quality of life, but not on a liberal or progressive ideology.

      Is there an example on Earth, or do we have to go to Coruscant or another place in the world of science fiction?

      I've visited many cities, including San Francisco in the mid-1980s, and then mid-1990s. There was nothing about it that would make me want to move there. The same goes for El Lay, Boston, Denver, NYC and many more. I've never seen a big city that I'd want to live in.

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    3. Well for livable mega cities, the only example I could come up with is Singapore, though the city has a reputation for being a bit hard line when it comes to law enforcement.

      Monaco would me a long shot maybe, it's more of an enclave for the very rich. That's really odd now that I think about it, 30% of the population's millionaires, but the country isn't part of the EU... maybe it does count as a non liberal mega city

      In North America, I don't think there are any.

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  5. I would certainly hope and wish this were true.......somebody has to live there. I would rather they all stay in the cities and make them work than relocating to the country and bringing their urban baggage lifestyles with them. Good luck to them.

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  6. Hopefully many of them have learned their lesson

    NO!
    They don’t.
    They destroyed Montgomery county with their left-wing bullish-t in twenty years.
    Then they moved north to Frederick county.
    They call it “ moving up county”
    It took less than 15 years to do to us, what they did to Montgomery county.

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  7. I've never heard of Zumper...

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  8. Here in Idaho County in central Idaho pan handle, the local title company worked one day a week to process land/home purchases with maybe 60 a year now, this one woman office is doing 60 to a hundred a week from all the nimrods moving up from californica and raising local land values.

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  9. "Hopefully many of them have learned their lesson."
    And maybe the pig will learn to sing.

    Personally I look at it like removing a cancer. You want to get the bad stuff out in one piece, tracking it into healthy tissue just spreads the cancer. Now cancer cells are not moral agents (unlike humans) and cannot learn, but I sort of doubt that most of the humans from the blue hives will learn either. Even more disappointingly, it seems that the absolutely worst ideas come from the highest-IQ groups.

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    1. You're right Mike. Spreading the cancer through the lymph nodes throughout the body is not a good thing. Early evisceration is the only cure for cancer and communism - cancer of the brain.

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