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| 5/25 |
| 2009/1/22-26 [Reference/RealEstate] UID:52438 Activity:high |
1/21 One datapoint on rental prices, please post yours if applicable.
Please don't give me this "this is why I buy a home" crap. Not
everyone has money:
-S Cal, $2055/month with 9 month contract expired. Signing one
more year=$2055/month, month-to-month=$2255. Bunch of empty
parking spots and people moving out, but according to the
manager the economy hasn't diminished rental demand.
\_ Oakland, Grand Lake District: 2.5 BR, large living room,
large kitchen, $1125/month.
\_ Thanks for the data! Is the trend going up or down in this
weird economy? I expected rent to go down because of all the
empty spots but nothing changed. -op
\_ People still have to live somewhere. If anything, it might
go up because of all the people who can't afford to own
a home and have to rent again.
\_ That is true, but when I survived the dot-com, a bunch
of people moved OUT of Silicon Valley back to their
homes. I know a bunch of 2nd class engineers went
back to LA and Orange County, and a bunch of marketing
people went back to Nebraska, Arizona, Ohio, etc.
\_ Well, that is certainly happening now too (people
moving back to cheaper locations).
\_ Why do you say that? SF population seems stable,
perhaps even growing.
\_ Nevermind, what I meant is practically a truism
(it's always happening somewhere in the Bay
Area). I don't have any special knowledge on
current rates of occurrence.
\_ Between 1950 and 2000 SF gained about 1,000
people in population with a big dip in
between. Since 2000 it has declined:
http://www.usbeacon.com/California/San-Francisco.html
\_ http://tinyurl.com/am39ft
San Francisco has attained the highest
population on record with a population of
824,525 on January 1, 2008. This continues
the significant upward trend in growth that
began in 2006. The city grew by 1.5 percent
this year.
http://tinyurl.com/dmklko
The U.S. Census Bureau admitted underestimating
the city's 2007 population and raised it to
799,183, according to a statement from the
mayor's office.
Where does usbeacon get its numbers from?
\_ I rented out my house in Fremont via the Housing Authority. The
rent, determined by the Housing Authority, hasn't gone down. BTW
it's 4-bed 2-bath 1444sqft, 10-min walk from bus stop, not walkable
to BART, $2165/mo.
\_ Livermore (Far East Bay), 3Bed 2Bath 1200 sq ft, duet $1600 a month.
In Livemore rent prices have increased significantly since the
housing crash. All the foreclosed people need to rent now.
That said, my rent is pretty low.
\_ Why are you renting in Livermore when housing is dirt cheap
relative to the real Bay Area?
\_ Basically we're just biding our time a bit. When it starts
going back up, I don't think it's going to go very fast, so
we're just waiting for a house we like at a price we like.
You're correct that we could afford to buy right now.
\_ Why don't you buy? I pay less mortgage than that at 4.875%. You
can borrow about $400K for that rent (without even considering
tax deductions). With your $40K down that means maybe a $500K
place once considering taxes. You can find something for that.
\_ I'm looking for a job. Will you find me a job? Then maybe
I'll consider buying. Thanks for your thoughtful response asswipe
\_ I know of a couple of job possiblities in interesting
startups. One with languages in Menlo Park, and one with
Social networks or scientific computing in Viriginia. -jrleek
\_ Sorry to hear that, but with no income *all* rent is
expensive. However, if I lose my job at least I can live on my
home equity and, like I said, my payment is less than that
guy's $2K rent.
\_ Most likely, you bought the home when the price was
lower than it is today. If you buy the same home today,
will your mortgage still be less than $2K?
\_ I just told you that you can borrow $400K for $2100
per month. My house is worth more than $450K
according to the recent appraisal, but I have seen
houses in my neighborhood for sale for $450K. For
\_ I don't know anywhere in California desirable where
you can actually buy a non-condo, non-townhome,
real single family HOUSE for lower than $450K.
Maybe in Valencia and or San Dimas and Compton,
but not Pasadena or Santa Monica where 2nd tier
tech jobs are located. -1st tier techie in LA
\_ 1. Nothing wrong with San Dimas or Valencia.
Lots of people live there. They are no
worse than Fremont or Sunnyvale.
\_ Sorry but average income and education is
WAAAAY higher in Sunnyvale than these
dumpy places in LA. Also, if I buy in
San Dimas, how many good tech companies
will I be able to work at with a Masters
degree in EECS?
\_ Lots of aerospace companies in the
area. From Valencia you can work in
Palmdale. From San Dimas you can
work in Orange County. I don't understand
your point. We're working under the
assumption that you HAVE a job, not that
you are trying to relocate. What
does "average income and education"
get me? Do you want a nice house in
a safe suburban area or do you want to
find a mate? Make up your mind.
2. $450K or less gets you a condo in WeHo,
a house in Pasadena ($550K median in
the "not bad" ZIPs), Monrovia, Northridge,
slums of Encino, or Simi Valley. None of
these places are luxurious like Malibu,
but you can't have champagne taste and
beer budget.
\_ Monrovia not exactly cheap due to the
average large lot size. Northridge? What
jobs do they offer in San Fernando again?
\_ The SF Valley has Yahoo! in Burbank
and lots of entertainment jobs like
Dreamworks, Disney, etc. It's also
not a bad commute to the Westside if
you can work offhours. You seem to
be under the mistaken impression
that all the good jobs are on the
Westside, but there are a lot of
highpaying jobs other places. Downtown,
for instance, has the highest paying
jobs in the city, Westside included.
From pharmies like to Amgen, cool
startups like the one I interviewed at
which made fingerprint-based safeties
for guns (lots of EE jobs there),
prototyping companies like Applied Minds
(http://www.appliedminds.com and
animation companies like Dreamworks, lots
of companies need engineers and are not
based on the Westside. I think you are
too narrow-minded, like a lot of
Westsiders are. Life doesn't exist
east of the 405, I know. Get over it.
I'm not in medicine, law or porn industry.
Anyone having to commute on the 405 to
get to "save rent and get real city jobs" is
a moron or has a high threshold for pain.
\_ Redfin shows me 48 homes >$450k in
Monrovia.
\_ Redfin doesn't talk about the
Monrovia gangster. They're blacks
feuding with the Mexicans btw.
\_ In the bad area of Monrovia
by the freeway, but the
northern part is nice and not
too expensive.
3. In the Bay Area you could buy in Albany,
Santa Clara, Dublin, Concord, Pleasant
Hill, Novato, San Rafael, Pacifica, or
Milpitas - among others. These are
ordinary towns just their LA counterparts,
\_ Any of these are commutable to Silicon
Valley fortune 500 jobs or startups. When
I live in Northridge or Valencia, what
jobs will I get there?
\_ Tangent. Someone asked where in CA
you can buy a house for $450K. I
told you where. Sounds like you
agree that these are reasonable
locations so buy there.
\_ Santa Clara is in the heart of the
Silicon Valley. Milpitas is not too
far away. There are also now many
cheap homes in San Jose.
\_ I thought GOOGLE is the heart of
Silicon Valley considering they
store, process, and output more
information than any company.
ordinary towns just like their LA counterparts,
but it beats renting and you are never
going to get that house in a wealthy area
by renting and saving. Buy a starter home,
pay some down, wait for equity to build,
and move up. In 15 years when my house is
paid I can sell it and buy in Santa Monica
if I want to have another mortgage, whereas if
you rent it will be much harder to get
there - unless you rent very cheaply and
dump every last cent into the stock
market. I prefer to live in my own house
in the interim, but that's me.
$3K/month you can borrow $600K and have even more
choices. Makes more sense to me than $2400/month
for a 2 BR in SF (which is a steal BTW and not
common), but that's me. If you are going to rent
to save money then rent a cheap place with a
roommate. Luxury apartments (and their associated
high rents) are a waste of $$$. I guess some people
like to live in an apartment and drive a Porsche
(I see this all the time in luxury buildings) but
to me it seems retarded and I love nice cars. Plus,
when I bought my house I only had a beaten up
Nissan and a just-paid-off Honda. Now, some years
later, I have two luxury cars because my salary has
risen while my rent has not. In another 15 years I
won't have any rent at all except property tax.
\_ I own a 8 unit apartment building next to Downtown Oakland,
all singles and studios. I've had to rent 3 units within the last
2 months and haven't had to drop my prices. Although, I
already rent low, studio ~650 and 1brdroom ~900. My buddies
who have 2 bedroom/ 1 bath houses say that the competition is
pretty fierce these days, probably because there are so many
foreclosures going on the market as rentals lately. There is an
article in the SF Chronicle talking about the current Bay Area rental\
situation. -scottyg
article in the SF Chronicle talking about the current Bay Area
rental situation. -scottyg
\_ I just moved in to a new place in SF a few weeks ago. 2bdrm $2400.
I negoitated the rent down at this place and also several others in
the city. I did this after someone who was listing a 1bdrm for $1800
told me that the price was flexible.
\_ http://mullinslab2.ucsf.edu/SFrentstats
Rents are pretty stable in SF. |
| 5/25 |
|
| www.usbeacon.com/California/San-Francisco.html The most common zip code of SAN FRANCISCO is 94110. |
| tinyurl.com/am39ft -> www.dof.ca.gov/research/demographic/reports/estimates/e-1_2006-07/ Reports and Research Papers arrow graphic E-1 City / County Population Estimates E-1 Population Estimates for Cities, Counties and the State with Annual Percent Change -- January 1, 2007 and 2008 May 2008 Acknowledgements Daniel Sheya prepared this report. Daniel Sheya prepared the city estimates, Linda Gage prepared the state and county estimates, Doug Kuczynski and Walter Schwarm provided analytical expertise in city estimates while producing military, group quarters, household population and housing estimates. Evaon Schnagl provided analytical expertise for state and county estimates. William Schooling, Assistant Chief of the Demographic Research Unit; and John Malson, Research Manager over the city estimates unit provided general direction. Suggested Citation State of California, Department of Finance, E-1 Population Estimates for Cities, Counties and the State with Annual Percent Change -- January 1, 2007 and 2008. pdf, PowerPoint, and Word file formats provided on this website Contents This report provides population estimates for January 1, 2007 and provisional population estimates for January 1, 2008 for the state, counties and cities, and a calculation of annual percent change. Highlights * San Francisco has attained the highest population on record with a population of 824,525 on January 1, 2008. This continues the significant upward trend in growth that began in 2006. Compared to last year's report, more cities gained population and fewer cities lost population. All these cities added a large number of new housing units relative to their overall population sizes. The January state, county, and city populations are independently estimated using change models benchmarked to base year 2000 that corrects for census omissions and geocoding errors. The state population estimate is produced using the Driver License Address Change (DLAC) method. County population proportions result from the average of three separately estimated sets of proportions, as described below. The final distribution of county proportions is applied to the independently estimated state total to derive the county estimates. The city estimates, produced using the Housing Unit Method (HUM) detailed below, are raked to be consistent with the state and county estimates. Through the raking process, city and unincorporated area estimates are aligned with the more robust state and county estimating models that employ multiple data sets available only at the higher geographic levels. The HUM estimates total and occupied housing units, household size, household population, and group quarters population. Housing units are estimated by adding new construction and annexations, and subtracting demolitions and conversions from the 2000 benchmark or a prior year's estimate. Housing unit changes are supplied by local jurisdictions and the US Census Bureau. Of the 535 reporting jurisdictions, 530 provided data and 5 did not respond. Occupied housing units (households) are estimated by applying a derived civilian vacancy rate, based on 2000 benchmark data, to the estimated civilian housing units. Adjustments to the census occupancy rates (occupied units/total units) are occasionally made, however, foreclosures and other housing market indicators were not used to adjust vacancy rates. Occupied military units are added to civilian occupied units to calculate total households. Military surveys are used to track military changes, including base realignments and closures. The household population estimate is derived by multiplying the number of households by the current persons per household. The persons per household estimates are based on 2000 benchmark data and are updated by incorporating the current county population series into these estimates. Persons per household can be further changed when a jurisdiction adds large numbers of special types of housing, such as adult living. The benchmark group quarters population is updated using the reported population change in group quarters facilities. The household and group quarters populations are summed to produce the initial city population estimates. These estimates are aligned to the county estimates described below. County population proportions result from averaging three methods. A modified version of the state DLAC method is used for counties. County proportions of the state total result from changes in county population values for births, deaths, school enrollment, foreign and domestic migration, medical care data for the population over 65, and group quarters population. This method models change in household population as a function of changes in the distributions of driver licenses, school enrollments, housing units, and deaths. County proportions are derived by the US Census Bureau using matched federal income tax returns to estimate inter-county migration along with vital statistics, group quarters, and other information for the population aged 65 and over. The state population is estimated using the DLAC method. This composite method separately estimates the population under age 18, 18 through 64, and 65 years and older. Administrative records such as births, deaths, driver license address changes, tax return data, medical care data for the population over 65, immigration, elementary school enrollments, and group quarters population are among the data used in this method. All data are in summary tables and do not reveal the identity of any individual. Data used in estimation models come from administrative records of several state and federal government departments and agencies, as well as numerous local jurisdictions. Since timeliness and coverage in these series vary, corrections, smoothing, and other adjustments may be applied. Data and models used to produce population estimates are subject to measurement and non-measurement errors. The data and estimating models were thoroughly tested with decennial census results that provide benchmarks for the estimates series. Data and methods are further refined and modified throughout the decade. |
| tinyurl.com/dmklko -> www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/12/13/BAUD14N3S7.DTL Comments Georgia (default) Verdana Times New Roman Arial Font | Size: If it suddenly seemed a lot more crowded on your Muni bus or at the neighborhood grocery store Friday, it's because an additional 34,209 people were suddenly found living here. Well, it means more federal and state money will come our way. How much we don't know yet, but it's likely worth millions of dollars. The state government for years has maintained that there are more than 800,000 San Franciscans; Mayor Gavin Newsom, in his challenge to the Census Bureau's 2007 estimate, said there are more than 860,000. While these federal estimates are done every year, the next real head count is in 2010. We've seen yard sales, car washes and silent auctions to raise money for schools. We have never seen MC Hammer, Willie Brown, Warren Hellman, Giants President Larry Baer, schools Superintendent Carlos Garcia and our own Phil Bronstein waiting tables, pouring wine and serving salads to fund our public schools. On Thursday night, the local elite dressed to the nines and gathered at a private affair in the Westin St. Francis Grand Ballroom for the event organized by the San Francisco Education Fund. Some of the attendees are major supporters of schools, including financier Hellman, but many were new to the cause. "This is definitely the movers and shakers in the philanthropy and business world," said the fund's executive director, Hugh Vazquez, as he surveyed the crowd. Nearby, Hammer auctioned off his full-length, fake, white fur coat for about $4,000 on a center stage. The goal was to raise $500,000 in one night, with the "waiters" competing to see who could "earn" the most tips. Laret, joined by former Mayor Brown, then danced the moonwalk to "U Can't Touch This." Over the years, the longtime chief of the Animal Care and Control agency brought home dogs, cats, birds and rodents from the city-run Mission District shelter. Since summer, Friedman also has helped run the troubled San Francisco Zoo. Thursday night his colleagues and admirers honored him with a party at Moscone Center. Friedman has had to deal with a number of high-profile incidents over the years, including the 2005 fatal dog attack on Nicolas Faibish by his family's two pit pulls and the fatal 2001 mauling of Dianne Whipple by her neighbors' dogs. He points as his crowning accomplishment the 84 percent adoption rate of animals from the city shelter, which he said is among the highest in the nation. Perhaps his penchant for taking some of those animals home himself helped lead to that success. After all, we have to cut hundreds of millions of dollars in city services - services that have a number of loyal supporters. Yet there were a few slightly amusing highlights to share: -- Walter Paulson, our favorite meeting regular/eccentric, always picks a new song to croon during public comment times. Earlier this week, after the mayor's surprise appearance in chambers, he belted out "Looks Like He Made It" - a riff on the Barry Manilow song. On Friday, he got a thunderous round of applause after singing "Shine on Budget Harvest Moon." When nearly every person raised their hand, he added: "And how long do you all want to be here?" Although several supervisors attended the first part of the meeting, they all split during much of the early public comment, abandoning newly elected Supervisor David Campos. Peskin later joked that Campos' honeymoon had ended Friday at 10:59 am - a minute before the hearing began. Iris Harrell and Ann Benson's home remodel When Iris Harrell and Ann Benson decided to remodel and expand their 22-year-old San Mateo County home, they had two goals... Buyers waiting for '08 Tesla cars to pay more Tesla Motors customers who are still waiting for their 2008 electric sports cars will have to pay more than expected to get what they ordered. Hearst Newspapers Be the first to share your thoughts on this story. CITY INSIDER / City's population suddenly jumps as Census Bureau admits mistake BA If it suddenly seemed a lot more crowded on your Muni bus or at the neighborhood grocery store Friday, it's because an additional 34,209 people were suddenly found living here. |
| www.appliedminds.com com Principals Bran Ferren, Co-Chairman Danny Hillis, Co-Chairman Daniel Abrutyn The name Applied Minds and the above logo are registered trademarks of Applied Minds, Inc. |
| mullinslab2.ucsf.edu/SFrentstats -> mullinslab2.ucsf.edu/SFrentstats/ FRAME: topFrame FRAME: leftFrame FRAME: mainFrame |