[650REDHAIR]

Of those some immediate standouts are:

Scam listings.

One that is >$2k a WEEK.

A bunch of listings not actually in SF.

Anecdotally; A friend of a friend just moved into an awful building on Ellis and is paying $1650/month for a small studio. 1br in my building are renting for $3,300+ and I'm not in a particularly desirable neighborhood, a new building, or a rent-controlled building.

So yeah, it feels really true.

Not really sure how rents are skyrocketing when every 3rd person I know in tech has been laid off in the last year.

[crooked-v]

> Not really sure how rents are skyrocketing when every 3rd person I know in tech has been laid off in the last year.

Simple: the amount of available housing really is just that low.

[650REDHAIR]

I don’t think it’s that simple at all.

I see plenty of vacancies around me.

I think we need to build higher density housing and I also think there is some amount of market manipulation happening.

[crooked-v]

In SF, the apartment vacancy rate was approaching an absurdly low 3% earlier this year (https://www.sfgate.com/local/article/san-francisco-rent-surg...). Usual estimates put apartment vacancies at at least 5% just to accomodate people moving in and out of buildings in the first place.