4 ms·
The Bay Area is the most expensive place in the US for no real reason except for regulation. It's kinda like everyone cheering for Uber and Lyft because medall
by throwthisawayt 9y ago
The Bay Area is the most expensive place in the US for no real reason except for regulation.
It's kinda like everyone cheering for Uber and Lyft because medallion rules in SF prevented ever having enough cabs.
There's no real reason and that's the problem.
Also maybe they had those kids in the 1990s when things were a bit more affordable ? The Bay Area wasn't always the most expensive place in the US
- duderific 9y ago> The Bay Area is the most expensive place in the US for no real reason except for regulation. Isn't it more about supply and demand? There are many people here making big salaries at the tech companies, so there is not a shortage of people who can pony up $1-1.5M for a 1200 sq. ft. house. If the demand wasn't there, the prices would come down to meet it.
- BadassFractal 9y agoExactly. Singles and DINKs moving in, chasing the gold rush, willing to pay whatever it takes to be part of the action. The market adjusts itself accordingly. Nothing new here.