California rents declining, but out of work renters struggle to keep up

[@900KING2]

Wrong you can't sleep at night because you're paying 3200 a month to rent a room inside a building.

[@TheChickenRiceBowl]

Lmao.

[@CJBhattarai]

seriously 3200 for 2 room??? one of my relative pay that much and he has a big 4 bedroom house. model house

[@johnwattdotca]

@@CJBhattarai: I'm in the Niagara Peninsula, beside Niagara Falls. I've got a nice five room apartment with free hot water from an old outdoor gas water heater, paying $800 a month.

[@TheChickenRiceBowl]

@@johnwattdotca Is that average for your area or did you snag a deal?

[@johnwattdotca]

@@TheChickenRiceBowl: It's average for an apartment rental, but, the big deal here is student housing with all the foreign students, paying $400 a month for a room in a shared house or apartment. My second story apartment is 850 square feet with a big landing at the door. The last battle where pre-Canadians defeated Americans is where I live.

[@benj1236]

*Get out while you still can. Rent is dropping because smart people are leaving.*

[@kathiv3992]

Ben J ....Right...You are so right!

[@yajairagonzalez32]

Absolutely

[@cable30]

They moving to cheaper areas since find out can work from home due to pandemic, so made many try and discover so not gotta travel as much or as far any more. and so not as much traffic on roads now days compared to before.

[@darlanewcomb3530]

Got out of California February 2017 went to a state where you can open carry

[@johnwattdotca]

Rent isn't dropping because smart people are leaving. People who can't afford it are leaving.

[@evanm9026]

You don’t need to live in San Francisco.

[@happyraccoon4791]

Lived in Los Altos and Santa Cruz 1966-2001. Left then because a One BR Apt in Sunnyvale and Belmont was $2800 month. I made $40k yr. So I moved into the Sierra's 50 miles east of Madera-Fresno area bought a house for $1400 month. Living in an armpit for $3k+ month is a grotesque value system.

[@alexcarter8807]

Tons and tons and TONS of people are going to retire early if they can, or buy a place out in a rural place where they can work remotely and be at least partially self-sufficient, or will just not be able to rent or buy anywhere and will be homeless/hobos. This is going to make the 1930s look mild.

[@TheChickenRiceBowl]

This has been an issue since I was in middle school, yet renters still haven't learned. I remember that "Rent is too damn high" song coming out when I was a kid.

[@deadringer2349]

At 3000usd, you could rent a mansion here in the Philippines. Exchange rate for the win!!!

[@gorgeouslady5612]

Or you can go live in San Antonio. A 7 room home $129k I know I lived there!.

[@PikachuTDP]

Still expensive live in sf . People start moving out of San Francisco.

[@kathiv3992]

I do not believe rents are going down. I understand a one bedroom in Oakland averages $2,400. This will be my first “thumbs down” in 5 yrs.

[@EKSKE]

In SF they have, significantly.

[@kathiv3992]

And well deserved. Thank You!

[@anthonykence9954]

3200 is alot of money to throw out the window every month. She is excited about that. Tenants have no choice but to pay these insane rents for 1 bedroom apartments . Boy she is screwed and does not even realize it.

[@HarryJSteele]

Until the rent goes back up.

[@tallpaul9475]

Yeah, let's see how long it stays as a good opportunity. I am sure it will creep up fairly quickly, and exceed previous records, again. It is just the progress of life, no way around it.

[@cloakofanonymity]

$3200 a month. I wish I could take $3200 every month and throw it out my window because that's exactly what rent is.

[@kxmode]

2:51 Income equality? It's not about income equality. It's someone living in a city that one cannot afford to live in! $3,200 for an apartment is insane. At that price point, I'd expect only the upper-middle class and wealthy people can do it. Living in a city like Galt or Lodi is doable on $3,200 a month. Not only will that pay for rent, it also pays for food, utilities, gas, with money left over for entertainment and savings.

[@1flybyguy]

What happened to the unemployment benefits with $600/wk federal assistance? And spending $3200/month on rent means you're not hurting. Makes as much sense as the Portland rioters.

[@reempire888]

Rent in Sacramento up 5%. Most new built homes are sold out.

[@damn671]

Yeah right. I just moved to my 1 bedroom apartment in San Jose. $3,200 a month. My last apartment was $4,000 in Cupertino.... they just got it rented for $4,200.....

[@kathiv3992]

Penis ...That’s “Nuts”!

[@temich1985]

Cupertino yuck...one of the most boring cities in America meh

[@axel1998ize]

Lol my rent keeps going up 💀my landlord wants to charge us for the dumpster.

[@HarryJSteele]

they 'claim' it's for the dumpster.

[@azurbleu4335]

is he jewish ?

[@kathiv3992]

Kakashi Hatake 👋🏼 I’m in Reno and a S.F. Capital partners co./ “developer” bought the “low income 84 units” where I live. Of course they raised the rent $100.00 right away and 3 months later another $150.00. 3 months later they began charging for “water $17.54, sewer $35.91 & garbage $25.78” plus monthly svc charge averaging $90.00 extra a month. It’s all leagal accept two thing’s, they charge a single person in a one bedroom the same specific utilities as two or more people in a one bedroom. Minimum wage in Nevada is 7.50 and hour. They brought many “illegals” from CA to work here in Nv...it kinda bugs me. Anyway, I’m am grateful to still have a home and always hope to.

[@kathiv3992]

They’re only extorting $22.00 give or take in utilities....JERKS

[@gorgeouslady5612]

Trailer home $6k rental space $300 a month!. The future of homes are Going to be tiny homes And trailer homes!.

[@TheChickenRiceBowl]

And van life.

[@lordy1952]

Where? That isn't possible in the bay area.

[@RochauKissinger]

She pays almost $40,000 a year in rent, lives in a high rise apartment, and talks about "the struggle during these times". There are legitimate stories of struggling Americans during this difficult time in our country, this story is not one of them.

[@helloitsme9808]

Wow! We have a nice 2 bedroom 2 bath townhouse for $850 here in the nowheresville.

[@alexcarter8807]

I moved to the bay area in 2003 and my rent was low (for the bay area anyway) and when I signed a new lease my rent went *down* and I think this thing is going to make the post-dot-bomb depopulation look like nothing.

[@TheChickenRiceBowl]

The post dot what now?

[@ShakespeareCafe]

A poor portrayal here for someone who can shell out nearly $40000 a year in rent. That’s NET PAYMENT. The only other sound missing from her T-Loin abode were the violins

[@jose09841]

The rents will SHOOT back up as soon as the landlords can get away with it

[@forfree2367]

why give light to privileged people? why not show people who are ACTUALLY STRUGGLING.

[@TheChickenRiceBowl]

It isn't as white and aesthetic to show struggling minorities living in filth.

[@michaelclayton9658]

You can get a house with $3200

[@jameslatief1]

Just basic economics here. Low demand = low prices. As for me, time to move to a 3rd world country as I can work remotely :D

[@TheChickenRiceBowl]

2:52 Why did y'all cut that woman off when she started spitting truth?

[@anniesue4456]

Good God $3200 a month rent!!! Not even a house!

[@yajairagonzalez32]

I live in Pennsylvania north of Pittsburgh we have a 4 bed,2 bathrooms,2 car garage 1 acre huge house for $150,000, yes winters are very cold but we have good jobs and we Iive very well, why in the hell will people stay in a place like that??? Can someone tell me???

[@MrLazlness]

Some people don’t like the cold lol

[@yajairagonzalez32]

@@MrLazlness it's not always cold we have 4 months of winter, I rather winter then live like sardines in a can,itscrazy

[@Michael-gh5ys]

Jobs that pay you 150k+ , those are the rentals rates around that area.

[@yajairagonzalez32]

@@Michael-gh5ys if they just want t0 throw away their money that way they can stay, I will not be retiring to be homeless, my house is paid in full ,my kids will have a better future

[@maryrodger5130]

I would love to move back home to SF. When I left many years ago I was moving *out* of Golden Gateway Commons and left the state for NM. I checked the rent at GGC's about a year ago and a 1 bedroom was going for $5,500! I'm retired now so I realize at this time of my life I will never get home except for visits.

[@luisriba8082]

$3200 it's almost an entire months paycheck for most people or entire mortgage.

[@axel1998ize]

lol sounds like the lady is use to her privilege

[@antez2326]

This was the same way I saw a testimony of someone who earned $10,000 from @antez_hackworld11 on Instagram so I decided to give it a try and earned $15,000 with $200 in a short period of time less that an hour. I only recommend them contact on WhatsApp [phone] they are legit, I will forever be thankful @antez_hackworld11

[@723lion]

Exactly!!

[@sooflyrly]

What are you guys complaining about 30% of us will get an extra two hundred dollars every week!

[@ThelastAnaconda]

Working just to pay rent 🙄

[@SOS-ct9mv]

IMO and I live here, in DT SF, after years of hard work and no kids, I can afford to buy here. If you can't afford a million dollar home, and private school for your children, your quality of life such as public schools, parks, commute, etc will be better somewhere else. I don't think it should be a question for people who weren't born and raised here. The answer should be no.

[@DKoldies_CEO_Drew_Scumbag]

Honestly, with how overpriced that POS city is, why buy a house there for a million when you can buy 5 houses that are better than than POS in a different state and make more money! Heck, why not keep one for yourself. I think one day you will realize how much you threw away at a young age giving a lot up just to save for a house in SF, LOL

[@dskyy2001]

Income inequality perception exist across all income levels. People are trained by interest groups to chase down a rabbit hole. Nothing comes free. Exodus from poorer parts of San Francisco to better parts because it is now affordable.

[@kxmode]

Galt and Lodi are a better option if you can't afford the Bay Area. Yes, you won't have stunning views but at least you can afford food, shelter, water, utilities, and gas for what it would cost for an apartment. People need to be honest with what they can afford.

[@nicholasthompson7690]

Yup

[@eugenegm]

I am damn lucky that my house was paid off a few months before my spouse died in 2018, and I was old enough for Social Security and was able to purchase into a pension from a department of my county. I still would like to be able to work occasionally for my local library system. With shelter in place still in effect, this is not possible. But there are hundreds of thousands in the San Francisco Bay area who are not lucky enough to live in homes they own.

[@bosong160]

People that bought houses during the Bush foreclosure era made tons of money 😬

[@anthonyperez9802]

$3200 a month for a box you do not own. Stopped visiting SF when I stepped on poop and nearly stuck myself with a junkies needle.

[@thanggnguyen]

A lot of landlords will default and lose their properties because of they aren't getting rent money. Ironically, that will reduce affordable housing because corporate landlords will buy up all of those foreclosed properties.

[@OrdinaryG33K-SF]

GOOD! I hope the bottom falls out! Rental markets like San Francisco & NYC have been GROSSLY overpriced for far too long, and have been LONG overdue for an adjustment! I'd like to see them each drop by 50%!

[@righteousron9570]

That's just rent! Mortgages for most homes isn't even that high! So that's ,$500 bucks from them living on the street again...I would have talked them down more. As soon as everything returns back to normal, if it ever does, greed will set in again. Bunch of bs

[@tpjudahlion6084]

$400 a mth......take it or leave it...

[@MrAtomicant]

Paying 2100 for a 1 bedroom in Los Angeles

[@Pepecoin123]

*wow. $3,200 for rent that’s my monthly income*

[@renzgonz6060]

4,000 rents , u will live very nice life with that money in asean countries , huuuy

[@anthonykence9954]

Marianne needs to buy a home and stop renting and wasting money.

[@judytam2835]

So expensive to LIVE on EARTH! 💰💰💰💰💰💰💰💰 Will KEEPS on going UP!

[@gorgeouslady5612]

Tech Jobs! Graduate From University of Texas and Choose to stay in Austin!. And other people migrate There!.

[@alphonsemichaelgeegiardell3088]

I love how so many fools complain about "overpriced rent" - when the occupancy rate of rental housing is over 97% (which by definition means it is NOT overpriced). Stop whining and move to a city or neighborhood that you CAN afford - problem SOLVED.

[@jasonshine1686]

Like where? Get off your high horse and come back down to the pits with the rest of us! Landlords and real estate agents are merchants of death who exploit anyone they can. When the bottom falls out, these pieces of shit will be surrounded by the desolation they have created. Enjoy your shit-show

[@gorgeouslady5612]

Too many people!. Stop moving to other places!.More Jobs mean more people Moving there!. What if 10 million people moved To Corpus Christi Texas!. Because Apple or Peaches Built a new facility there!.

[@omnigeddon]

down 500 from 7000 lol

[@lorettagallagher]

Here come the Ghettos.

[@propblast82nd]

Rent a pots john

[@markcup5436]

LOL only white people are leaving NY, San Francisco, Los Angeles, I say they should go and leave any state with a beach to us lol. Now why can't everyone leave Los Angeles??? Would love to live in Malibu renting a 1 bedroom for $1000 a month.

[@anna_m59]

8% dropping the rental price is Nothing!

Brooklyn, NY 1 y.o. Black Baby shooting - BLM response at protest: Shut up about that Baby kzbin.info/www/bejne/rXyTYoZrft1gf80

[@ghettoprincevu2669]

Complaining about noises in the City. LoL man oh man