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by hoaw 2687 days ago
As an outside it became apparent that moving to SF/SV would be a challenge around ten years ago. There are a number of post on HN from "back in the day" that discusses this topic e.g:

https://news.ycombinator.com/item?id=170719 https://news.ycombinator.com/item?id=860913 https://news.ycombinator.com/item?id=236853 https://news.ycombinator.com/item?id=1255718

1 comments

9-10 years is about right. 2005, I had a one bedroom for $1700, and in 2008 I moved into a studio on Twin Peaks for $1300/month. Both were high but still affordable. By 2011, a 2 bedroom in SOMA was $3000/month, and by 2014 it was $4500/month.

This coincides with when tech companies started popping up in SF, instead of South Bay where they traditionally went to.

Are you sure it's tech companies? In 2006 I was paying (part of) $2800 for a generous sized two bedroom apartment in the East Village of Manhattan. At the beginning of 2010 when I moved out the landlord wanted $3500. Today it's going for for $4400.

That's a 25% increase in 3 years and then another 25% increase over the next 9 years. And there was no, or at least only minor, tech company factor in NYC.