If everyone’s leaving SF, why is my rent so high?
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I actually pay less than what similar units are listed for right now!
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I saw some errant data (so not sure if it's trustworthy) that median rent in SF fell 6-7% last month. That seems too high, but it might be the start of normalization? Fingers crossed.
End of conversation
New conversation -
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I think this is actually a case where SF’s rent control can inflate market rents. Landlords would rather have some vacancy than lock in a low rate for an undetermined number of years.
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