3 ms·

I see that all you have is a hammer (re: Federal Reserve paranoia), and every problem looks awfully like a nail. There are legitimate, well-developed arguments

I see that all you have is a hammer (re: Federal Reserve paranoia), and every problem looks awfully like a nail. There are legitimate, well-developed arguments against specific Fed policies that can, and are, debated in economic circles. This mismatch of paranoid delusion isn't one of them. Even if I were to charitably grant your thesis for the sake of debate, the effects of Fed policy on rent wouldn't be isolated to just one city in one state. San Francisco's rents have seen a roughly three-fold increase over the national average the past this last December alone. Were the problem "Washington," this wouldn't be the case.

stretchwithme 13y ago
Whatever is already rising when the Fed is inflating gets the most bubbly. Sectors that have been dropping don't attract speculators as readily. Tech has been rising and is dominate in this area of the country. Its also a good place to buy if your trying to move wealth out of China. A lot of other places in the US are less appealing to both tech and to Asia. The activities of the Fed are not the only relevant factor. San Francisco is a tight space and its a great place to be. These are pre-existing conditions that make it more susceptible to the effects of asset inflation.