> the weighted average asking rent for an apartment in the city, which currently measures around 2.3 bedrooms when counting a studio as having one, has dropped to $3,100 a month.
Still too high. Was checking into apartment prices earlier in the year and it is amazing the number of landlords that will try and sell you on a “kitchen” that is a mini-fridge, tiny sink, microwave and a hot plate whilst still charging you full rent.
San Francisco’s rental market is a good lesson in how supply and demand informs pricing that the residents and the Board of Supervisors alike continuously and willfully ignore.
Still too high. Was checking into apartment prices earlier in the year and it is amazing the number of landlords that will try and sell you on a “kitchen” that is a mini-fridge, tiny sink, microwave and a hot plate whilst still charging you full rent.
San Francisco’s rental market is a good lesson in how supply and demand informs pricing that the residents and the Board of Supervisors alike continuously and willfully ignore.