4 ms·
In Redmond, $1100 buys you something like 1000 square feet (2 bedroom). $1500 for 700 REALLY nice square feet. I'm sorry, but no. 1500$ a month for a micro-stud
by sukuriant 15y ago
In Redmond, $1100 buys you something like 1000 square feet (2 bedroom). $1500 for 700 REALLY nice square feet. I'm sorry, but no. 1500$ a month for a micro-studio is completely unacceptable. Even, I imagine, in the Bay Area. What's really insulting is that at 160 square feet and some good sound proofing, you can have 3 or 4 of those places in the space I have my 1. That means they'd be making 6000$ a month on people. I think I know where the price really comes from.
- pwthornton 15y agoIsn't Redmond largely suburban? I don't think the two compare.
- akurilin 15y agoYou're correct, there's plenty of space and they're continuously building new apt complexes. My old apt was 1300sqft for something like 1500/mo with 2 garage spots. It's a completely different situation compared to SF.
- pwthornton 15y agoWhat are the apt complexes like? Can you walk to stuff? Are the buildings mixed-use with businesses on the first floor? In most of the country, zoning prohibited mixed-use zoning for much of the 20th century. It was a huge mistake that only be unraveled now. The side effect of that is that areas with good mixed-use and walkability are really expensive. This is a large reason that places like NYC and SF are so expensive, especially the areas with mixed-use zoning. New mixed-use housing stock isn't coming online fast enough and the Bay Area in particular is very anti-desnity, despite the fact that they need it. Restrict growth, particularly growth with height, and you'll have expensive rents and housing prices.
- sukuriant 15y agoThe 1500 for 700 square feet is right in the middle of town and has a restaurant on the bottom of one of the buildings. Red 160 is its name.