[quote=joec] . . . SF Rentals are extremely pro-renters. We used to pay maybe 1200-1300 for a 1 bedroom and there were people in the same building renting for 300 bucks/month in downtown SF. Maybe like in NY, some folks keep apartments since it’s cheaper to just keep it to crash when they go out to party than to let someone else move in and let the landlord raise the rents then. Parking sucks though at 300/month too at least.
Anyhow, buying in SF has extremely low cap rates so it’s for folks who are in it for the very very long haul I’ve read…[/quote]
joec, just curious, what brought you to SD? Was it a job? If so, did that job pay more than what you were making in “silly valley” (your words :=))
My kid has lived in 3 different SF flats in the last six years but has been in this last flat on the top of Portrero for about 4 yrs. It is a 2200 sf 4/2 and has a panoramic 270 deg. view facing NE, N, NW, W and SW. Absolutely unobstructed and totally awesome. Rent is $2200 split 4 ways ($550 ea). Slant pkg. is avail on street and unit is on a bus line.
I’m always curious why people leave that pay scale and lifestyle and move to SD County.