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Why's SF so expensive, man? Another rent hike. Seriously considering moving to Oakland or something at this rate.
Submitted 1 year, 4 months ago by mission_maverick
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Sorry to hear about your situation. As a financial advisor in the city, I've seen people in your position many times. San Francisco has one of the highest rents in the country, particularly due to its high population density, desirable location, and concentration of high-income jobs particularly in tech. Exploring other options could be a good idea. Have you considered a smaller city in the Bay Area like Berkeley or El Cerrito? The housing costs might be more manageable.
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I feel your pain, buddy. Rent hikes are the worst. But you gotta remember, big tech companies have been flocking to the Bay Area for years, which drove the price up. Flood of high-income workers + low housing supply = 💸. Consider finding a roommate, might cut your costs in half.
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This underscores the urgent need for stronger rent control laws in SF. The City's spiraling rents have increasingly cast out long-time residents, students, artists, and lower income families. We should pressure our local politicians to champion affordable housing and policies that will help to preserve the socioeconomic diversity that makes this city so vibrant.
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LOL, welcome to San Francisco, where the rent is like a rocket... always going up! But seriously, it's due to the high demand, lots of well-paid tech workers, limited housing, etc. Oakland isn’t bad though, just be ready for a longer commute.