[alexmayyasi]

I've had this conversation with a friend from Paris who made the same point.

The stats show that SF rents are as high as places like Paris and NYC, but it may be a comparison between a nice, new studio in SF and an ancient, tiny room that used to house a servant in Paris. It's another layer on top of the stats. (Or we need more stats for a full picture.)

[autism_hurts]

In my experience, in San Francisco, there's no premium for new construction. You either get a place or you don't. The 60 year old victorian split into apartments is still $3,200 just like the modern construction 1 bedroom in SOMA.

[snide]

The big difference of course is that buildings built before 1979 are rent controlled. Had a friend have his rent go from $1800 to $3200 after his first year.

This place is insane. I moved to sleepy Petaluma an hour north and have no regrets.