A closer look: Bay Area rent prices
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- เผยแพร่เมื่อ 2 มิ.ย. 2024
- NBC Bay Area business and tech reporter examines the rising prices when it comes to Bay Area rents and how they're likely connected to employees returning to the office.
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Ridiculous. Most people don’t even make $3700 per month.
In Santa Clara county they sure do
Software engineers make at least $15,000/mo so $3,700/mo for a crackerjack apartment is surely affordable!!!
I make over minimum wage now
That's cheap?
@@LWRCthat's good for them. what about everyone else that's needed to make the city function?
Its not just Bay area. All major cities across the nation are the same in Proportion to the income people make living in those cities.
Japan in the 80s had a economy crash from there country printing too much money without enough coming in, printing money only makes shit worse.
@@Anachronistkllrya no sh1t.
@@Anachronistkllrthat is called inflation. Say that next time.
Gee, rents down in Oakland. I wonder why???
Oakland is awesome one of the greatest cities on earth 🌎
@@kylesuperbaby9616 🤣😂🤣😂🤣😅😭😭😭
Too much crimes?
Inflation is crazy, not just houses. Spending and printing money in Washington doesn’t help.
Is not inflation it's greed. Even with a 20% inflation it's still wouldn't be 3600 a month. It's supply and demand not enough homes. Bought my house back in 2005 for 91k now worth 250k according to zillow. That's not 20% inflation that's a 120% mark up.
Primary cause of inflation is corporate high profits. So think again. It's greed
Certainly not due to the number of dollars in circulation.
So expensive that people renting are better off financing a house. Oh wait, you need to make 200k$ for a normal starter home. 😂😂
200k is the new 100k.
@@Baebon6259 and 300k$ is the new 200k$. Nice one bud...
LOL, only if you're bad with your money and spending...
Dudes that don’t got a job or working for 17$ an hour always have the biggest mouth 😂
starter home? you mean a 1 bedroom condo. lol
Plus living in a state that will soon tax the air you're breathing. It's that lame.
They wanna tax the highways too; so the road to drive on. In the future, they’ll start taxing the road you’ll walk on
The Bay area always too cool 😎 for everyone else. Gentrified Its self to death ☠️
👍🏿👍🏼👍
I’m not surprised I’m lucky I got low income housing
I just checked and the building I used to live in rincon hill/east cut went down from $7100/m to $6100/m so rents in that area seem to be getting better
Nobody wants to get robbed in Oakland, and no one wants to live near drug addicts lying all over the streets in San Francisco, and everywhere else they forget that not everyone works in the tech industry. like other occupations and careers don't exist to help keep the city running and thriving. San Jose and the Bay Area have gotten greedy and have turned their back on the rest of its citizens no one should be fully employed and homeless... it is a sad state of affairs that is happening. that's fine then watch the prices get jacked up so high on your child care so its ten thousand dollars a month so the teachers can afford a place to live while they watch your children when you go to work ... sorry don't mean o rant but this issue is a growing concern.
3700$ rent with Complimentary Residential and car burglaries free of charge 😂
Of course, you have to give them the full experience.
Subsidize businesses leads to asset growth leads to homelessness.
A giant ponzi scheme.
We all live in a yellow submarine
Where's nbc relocating? Not in SJ anymore?😮
No thanks I'm out I'm not paying 11k a month in mortgage to have my home burglarized, or my business vandalized our looted, but good luck to those who stay I wish you all the best !
Where do you live?
@@VideoViewer33512basically he described ANYWHERE in California ! But, he forgot the annual property tax so, add an additional what, $30,000 ?
Even in modest neighborhoods a mortgage would be $5-$6,000 then add tax. Oh, you drive too ? Yeah, add tax to that car plus a weekly tax of $25-$35 in gas tax. Maybe more if you drive a pickup truck. Oh, you own a pickup truck ? Then pay $800 for that sticker on your license plate.
Voters in California are the dumbest people on the planet.
@@VideoViewer33512He lives in bumshart Nebrahoma and hasn't lived in SF this century.
😆 🤣 I lived in the South Bay Area for over 40 years, but it's not worth the time and $$$ to stay in the SF Bay Area
@@Praisethesunsonbecause he’s smarter than you. SF is a chithole, like all dem cities. Fact
To make it in the bay? You’d have to be the land lord to make it in the bay. Because if you are a renter, you will just make it by.
That’s not fair rent never even lower at all in st
Rent should be based on the amount of amenities are unit has at a set rate. Landlords are over charging and double charging for half assed shit.
Rents will eventually crash
ADU in Turlock will solve the housing shortage in the bay area too who’s looking to move
I'm not as surprised by the ask as I am that someone might think it's worth buying. Tourists will start looking like homeless people in this economy because they don't have it to pay hotel fees but they are still gonna check that bucket list box even if they get a ticket for sleeping in the car.
MSN never mentions high crime…?
Do you mean how this is not a accident and it's something rich people planned to create prostitution in a city known for having the most attractive people in the world and gow no one will get in trouble for organizing forced prostitution cause cops fuck em too?
Crime made the rent prices go up? In Menlo Park and Mountain View? LOL are you joking?
The crime rate is going down significantly, quit beating that old dead horse
Hell! IT work is now being done remotely, with that said live in Spain along the Mediterranean where a very nice one bedroom Apartment nan be had for roughly 1,000 Euros a very nice 3 bed room apartment can be had for roughly 1,800 hundred Euros, Just 3 weeks ago I was in Malaga, great weather, great food along with a great vibe, coming to you from a born and raised native San Josean that graduated from San Jose High School, also one thing I don't understand since San Jose is in the mix of SILICON valley why in the hell San Jose is not able to get their act together with Down Town, it's been run down for decades, I now live in Eindhoven Holland.
And we are putting even more tariffs on other countries, such as China, for exporting cheap goods to us? It raises our cost of living even more!
Oakland is scary.
I love Oakland, great people great food you’re just a sissy
high rollers.
I’d rather live in Downtown Mogadishu. Probably safer
Keep voting for liberals !!! Look how great it is ! High rent, high gas, high homeless, horrible roads, high utilities, high taxes and for what ?
Yep. Instead vote for Republicans who vote for deregulations and no oversight which leads to all the things you mention. They have no answers either.
“Liberals” have nothing to do with it. Try educating yourself, so you don’t sound like a fool.
@@Me97202 “liberals” voted for these asses. “Liberals” voted to raise every tax,tool, and fee in this state. Try educating myself ? I live here. I guess, you’re one of those “liberals” ?
Not libertarians, liberals, confused by bathroom signs.
You know not everybody is a techy right? This is a poorly scripted bit of news.
couldn't pay me to live in that area
Overall, if you're reading this--yes--you have *NO* chance. None. I certainly do not. Which is why I'm SUPER hyper glad I'll be outta here by EOY 2026.
Bye bye
Remember Rent Moritorium ?
There was no Property Tax Moritorium .
Time to pay up B-Itches
remember, you'll need to earn 3x to even qualify for a rental dump.
that is $11,100 first month to even walk in the door. OFN
Oh, forgot PGE, internet. . .
I have rentals in the Bay Area and have to do 2x the rent in order to find a tenant, otherwise the place doesn't get rented out. We all are taking a risk of being renters/landlords.
Really expensive to move out here to find your tribe
Find your tribe? Only three tribes exist in the bay anymore. Techies, undocumented and criminals.
Cheaper to rent then buying
The entire SF Bay Area is spiraling down the, well you know.
not our Veterans Hospital, its actually growing
@@quesadilla79???? Wtf
Crime and schools guys…
over all everything is getting better , keep on Voting Blue #Biden/Harris/Newsom
Sleepy joe and kamoola😂
Bidenomics 😱
Go back to school. Republicans have no answers either.
weve been on the same tracks for twenty years plus you nimrod
@@carpelunam Lol , you obviously voted for Biden 🤣🤣🤣
@carpelunam
It wasn't like this 20 years ago. Rent was $1K for one bedroom apartment pre 2010 . It was considered expensive at the time but not that expensive. Back in the 1990s, renting a 3 bedroom apartment was about $1,000. I know that because that was when rents froze for my parents. I'm not sure if that is a thing nowadays.
Best advice.. leave.
America - The Empire Has No Clothes - It's over
For you
Ca passing 17 trillion dollar black reparations for those poor Oakland folk that are redlined ...
👍🏿👍🏿👍🏿
Filtering out the poor
👍🏿👍🏿👍🏿
Build more apartments
No way. NIMBY say NO
Rent price relects high property tax, home insurance, and repair cost, just like gas price and food price. Land lord has to eat too.
landlords make plenty of money to eat well they just get greedy and tax us renters when a little bit of a price increases on them we basically have to foot their bill and suffer
@@jcwick0859we found the low intellect dem voter
If Karen and Wilbur didnt save for retirement and now rely on price gouging renters because "thats what the market rate is" they can eat dirt for all I care, a lot of this greed isnt coming from private landlords anyways
It’s not that hard to live within your means, smart choices and money management is key. Don’t go to college and get a useless degree, go into a Trade don’t buy a new car and save and you’ll be able to buy a home and live comfortably.
In Mississippi
San Francisco and the Bay Area are expensive because it’s the greatest place on earth 🌍
This is awful and something serious needs to be done ASAP
Everybody in the bay area is bitcoin millionaires
California’s economic toxicity is peaking.
This is way people moving out of stupid California
Actaully the population in California INCREASED by 67,890 people last year.
@@michaelmeinberg2696
A ton of homeless have also increased so I think they're fudging up the numbers which are probably not being used in the census. I know the people making the census for THEM have stopped counting them in both Socal and Nor Cal. They're just too much heads to count.
Every house in San Francisco will get robbed at least once, but people still live here. Why? We have not idea where to go?
I've living in SF for almost 20 years and never got robbed. So which part of SF do you live in?
Make more money , spend more money on rent. Nothing new. Common sense.
So stop complaining
Common sense, not everyone makes more money there.
@@halos4179then move. You don’t have to live there and complain about it
100% agree with you bro ... People act like they have a RIGHT to live in the Bay (or LA, NYC) .... There are certain places on this planet where you MUST compete to live or else GTFO the way .... Paradise comes at a cost ... this is not a soup-kitchen or a charity haha. Life aint fair
Sounds like you can't handle having someone express an opinion different from yours! You are demeaning and disrespectful. @user-
Only a bafoon would want to live in that dump! Enjoy the crime...🤣😂