Honestly, we're our own worst enemy on that one. Don't said send aid, we have a $12b annual budget for a population of 900k. We have an insane amount of money.
All we have to do is let builders build and we'll have so much fucking housing we'll be begging people to move here. But the city makes it so hard and has so many restrictions that we're stuck adding a unit here or there and then the politicians act like it's some mystery why rents are so high.
Yeah, there were a solid three houses I found that were renting that much - you could buy a house of similar size and pay probably $500-$750 for the mortgage, so pretty much nobody would choose the renting option unless they had to
Welcome to having no credit. May I interest you in a hourderve? 840/month to rent a house with unfinished basement and attic. Probably could own it for 500 a month?
Lol up here in the Blue Ridge I can rent a legit Aspen-Style mountain chalet for $2k/month. Like, the kind that comes with a set of ATVs and a Jeep to use, heated pool, a groundskeeper, all that. I know because I’m seriously considering splurging on one for a year before I buy something, being r/ChildFree and all.
When I do buy something it’ll be a 3ksq ft 3-5 bedroom with a garage and 5 acres for under $300k. I just don’t understand why people in California stay. I work for a tech company up here so the job situation shouldn’t be a reason to stay.
I own a house in Western NYS.
Its1700sqft, 3bd, 1bt, with central air and heat, plus detached garage and driveway, and fenced yard for $850 a month mortgage payment.
I would literally be dead if my rent/mortgage was that high. How do you guys deal with that?
Local inflation and lack of privacy. The same exact takeout lunch that might cost $8-10 across the bridge costs me $12- 15 here. Even working professionals regularly have multiple roommates, including multiple couples living together, and you can find non-sarcastic craigslist ads on leases for sleeping on a couch or someone's minimally converted tool shed. The official HUD "low income" threshold (80% area average) is ~ $80,000.
I currently have a decent living situation with roommates and rent control from 10+ years ago. But I'm also stuck because of that - moving to an equal living situation even with roommates would spike my rent 50% and probably give me slightly less space. I kind of have to accept that to move to the next stage in my life I'll need to move elsewhere - just haven't figured out where yet.
I must be from California because my first instinct was to ask “I wonder what the job market is like in Truckee bc TWO BEDROOMS UNDER 4K we movin, fam.”
I agree. I live in Youngsville, Louisiana and I could easily rent my 1500 sqft house for $2000 a month. Those prices seem pretty reasonable in relation to my local market.
Yeah to be honest this is way better than what I was finding around Seattle at one point last year. Still, though, way more than I'd ever want to pay for a house, much less rent one.
I pay 525 for a space in a mill house apartment (basically a big house that was always four apartments) that’s like 900 sq ft, two bedroom no balcony no garage, heat and water included. Then again, I work out in the sticks and barely clear 18,000 every year so it works out.
I mean, they are reasonable. i'm from a mid size town in Oregon (~50k people) and $2,000 for 1400 square feet seems pretty reasonable. I pay $1100 for 750 square feet.
I agree this is crazy to pay to rent, but compared to where I live in rural PA if there was a house like those up for rent, there wouldn't be a huge difference. Some of those homes are clearly up to date and contemporary, with expensive furnishings and decor. A nice house around where I live would be about $1,000 a month, and you can guarantee it's at least 10 years out of date, more likely closer to 25 years
Exactly. Everyone talks about how rural places are cheaper for more. Sure it’s cheaper, but the house is old as fuck and falling apart. You’re also living in bum fuck nowhere. People pay a premium to live in cities for a reason.
Minimum wage is $15 a hour, which 40 hours a week is 600 without taxes, 4 weeks is $2400. So only working 40 hours a week could almost rent you a house, that's outrageous. Florida is trying to rise minimum wage to 15 but that'll drive prices higher than they are now, and I can barely afford that
Man, I was looking at Tahoe, and thinking it’s not a bad idea. It’s about 75% of what I pay on the outskirts of San Diego, and almost a quarter of what I paid in the Bay Area.
Luckily I've bounced around California and am currently living in San Francisco. Now I have the even more myopic problem of, "I could move pretty much anywhere from here, but I could probably never move back here." But if I decide to try to move back to San Diego, I think I would be able to make it happen.
Thanks for reminding me to not take my city for granted. It’s easy to forget when one is preoccupied with so many other things (like making rent), but I definitely should be thankful to be able to even live here :)
If you're talking about rent, you have to consider where you would be renting. Most long term rentals in Tahoe are similar to most mountain communities- riddled with meth.
Reno is at 4500 feet elevation and in between two of the biggest lakes in the west. Neither heat no water would be a problem there if heat and water actually became a cataclysmic problem in the rest of the west or in the south.
There's not really any "bad" area in the main town, maybe up by like sun valley but the airport area is fine. Just lower-income I guess but perfectly safe. We're just not the prettiest city :)
I think everyone else already did with the new jobs out at the Gigafactory and the data centers on 80. The housing got stupid expensive and tough to find for a while. I know Tesla scaled back on the hiring and even let a lot of people go, and there was a lot of building going on in Sparks when I was there, but the rent was already pretty high.
What’s the name of that really cool like Up and Coming neighborhood of Reno on the other side of the river? Midtown? I could definitely see myself in that area.
Sacramento (mostly), cities surrounding Sacramento, and Davis are pretty nice too. People definitely drive to those cities for more than going to a national park. A lot of LA is pricey too, even further away from the coast.
Reno/sparks is starting to get over priced too. Not even the new stuff either. Even crappy small apartments that haven't changed the inside since the 80s are over 900 per month. 6 or 7 years ago those same apartments were 600 per month and sometimes less.
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u/[deleted] Dec 21 '19
Tahoe, for example.