yeah I was wrong. I found out rents had increased $1K when I went to rent my new place. Rents increased by $1K literally overnight, or in the last 6 mos. I don't know if it was VMWare or facebook or linkedin or what (actually I think it could be tha the weak dollar has destroyed engineering offshoring and the jobs are back, but no way to prove that).
As you can see from the dates on these articles, this is timely news, so anything from last month is obsolete. But I was not up to date anyway, I only have one other rental property with a long term tenant.
But hey Wyatt, no worries, just keep bashing the bay area and one day, one week or one month it will be true. Just not now.
South Bay leads increases as rents soar
Marni Leff Kottle, Special to The Chronicle
Sunday, July 13, 2008
sfgate.com
No sign of slump in S.F. rental market
Marni Leff Kottle, Special to The Chronicle
Sunday, July 13, 2008
Over the past year, the average rent for a San Francisco apartment climbed 9.6 percent to $1,926 month,
sfgate.com |
