Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Investing in Real Estate - Creative Opportunities -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (2284)	6/16/2014 2:46:14 PM
From: Jurgis Bekepuris	Read Replies (1) \| Respond to of 2722

Yeah, lower income people either move out and commute, or pack more people into the same apartment space (legally or illegally). Same thing with NYC, London, even LA, etc.

To: tejek who wrote (2284)	6/18/2014 12:30:26 PM
From: phaedra77	1 Recommendation Recommended By Jurgis Bekepuris Read Replies (1) \| Respond to of 2722

Looking at this map of average rents across the country - California overall is right up there with high rents - it looks like the average rent is over $1300, so I imagine way higher in SF and I imagine that for businesses office and premises rents must be high too - wonder at what point companies other than high-earning tech are going to look to locate where rents for them and their employees are a lot cheaper - might be a good thing for cities like Portland and Austin which are in more affordable states.