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Don't confuse national inflation with regional inflation, though. I'm pretty sure rent, for instance, has fallen significantly in the Bay Area. That alone coul
by asdfman123 5y ago
Don't confuse national inflation with regional inflation, though.
I'm pretty sure rent, for instance, has fallen significantly in the Bay Area. That alone could dramatically change the "inflation" rate.
At the end of the day the better deal on my apartment means I have more take home money, despite slightly changing costs everywhere else.
- jeffbee 5y agoRents are still down vs peak (ref: ApartmentList historical data for SF-Oakland-Berkeley and San Jose-Sunnyvale-Santa Clara metros) but housing for sale is way, way up (9% year-over-year, 35% over 5 years).
- monocasa 5y agoIt did fall, but apparently has recovered to 2019 levels already.
- dntrkv 5y agohttps://socketsite.com/archives/2021/10/rents-in-san-francisco-tick-up-but-are-still-depressed.html https://socketsite.com/archives/2021/10/rents-in-san-francis... Still 16% below pre-pandemic levels.