| Absolutely absurd. The comparables are a quarter of the price or less in any other major city. SF as a tech hub needs to die. There are better cities that are far less NIMBY and regressive. If you don't succeed in launching a startup, you're just participating in a meat market. Your salary goes to rent. It's not sustainable. My SF coworkers often have roommates. You can't live like that in your 30's. You can't get married or raise kids like that. I've owned multiple concurrent properties in the heart of a city - historic properties with 25' ceilings - and I still pay less than SF rent. It floors me people put up with SF living conditions. NYC, Boston, Portland, Austin, Charlotte, Atlanta, and Miami have way better adjusted costs of living and aren't so broken politically. You can probably pick two cities and own homes in each for the cost of your SF rent. Let the land owners have what they deserve. A brain and wealth drain. |
"San Francisco is someone else's house."
I can't explain exactly what prompted it, but I got the sense that there exists in SF a deeply embedded property-owning class that owns the city. The city is theirs. If you are not one of them, you are only visiting. The city will never truly be your home. It's possible to buy into this class, but the cost of doing so is intentionally kept so high that it's unreachable to all but the extremely wealthy.
Has the city always been like this? I don't know, but I wonder if maybe it has... if the various waves of hippies, post-hippies, ravers, hackers, and tech bros weren't just visitors permitted to crash on the couch for a little while.
There are many other cities all over this country where you are permitted to become a true resident, often for a very sane price. I don't get this feeling in most other cities.