Mountain View rent prices jump above S.F., Palo Alto and Cupertino

Mountain View has the highest median rent for a one-bedroom apartment in the Bay Area. Max Darrow reports. (9-21-23)

[@kenchu5900]

There is no reason to live in Mountain View unless you are forced to work in the office in MV.

[@monsta6501]

Facts. The number of average joes like us are diminishing by the month. Google and Apple got their wishes granted.

[@raulingaverage]

Redlining, NIMBYism, and Avoiding HCD got them into this Housing and Homelessness crisis.

[@garybowen7795]

If you're a small landlord on one to4 or 5 properties or small complex you have to raise the rent because the property taxes go up and so does the insurance there has to be maintenance like one of your water heater goes out

[@BabyBoomersDoomer]

2:18 ❤. Brother has a big heart

[@ronaldmcdonald3965]

I'm a small landlord of a small, older apartment. I am fortunate to have good tenants. I raised my rents 3% instead of the 5% allowed by rent control. I did this to keep it reasonable. I rent 2 bedrooms (older)or less than what a luxury/new apartment. My 3% increase cover the increase in water, utilities, insurance, property tax. With that said, as a little guy, I am think I would like to get out of the business. I don't trust the rent control committee, or the city employees. Some of what I am seeing is down right dishonest. I have to waste my time with their bureaucracy correcting mistakes they made. The big outfits have people to deal with the city. If I do sell, I will sell to a big outfit who has the resources and lawyers to deal with the city and their rules.

[@mytravls]

How much is your business worth?

[@brianpeavey5002]

I live in Mountain View in 1972. I paid $150 a month for a one bedroom...

[@traviskam1332]

It must have been a redneck small town back then 😅😮

[@brianpeavey5002]

@@traviskam1332 I'm I was a hippie

[@nicholasthompson7690]

Ridiculous

[@Dr_KW]

The fancy apartment complexes have a lot of vacancies, but no desire to drop rent. If they're offering "4 weeks free" they're hard up for tenants. They overbuilt the luxury condos in MV, so they're just going to double down on it until the bank takes back their property. The city of MV is busy selling every parking lot to the highest bidder. It's saturated. Support small landlords. Or if you don't want to, try to get one of those luxury places on the cheap. Eventually they'll have to drop prices. 😂

[@ronaldmcdonald3965]

I'm a small landlord of a small, older apartment. I am fortunate to have good tenants. I raised my rents 3% instead of the 5% allowed by rent control. I did this to keep it reasonable. I rent 2 bedrooms for less than what a luxury/new apartment. My 3% increase cover the increase in water, utilities, insurance, property tax.

[@albeit1]

They CAN’T lower rent. Because rent control exists. So they give you some months of free rent instead if they want to incentivize renters.

[@BIGMIKESKNUTTS]

Maybe not get a literary degree?

[@99.8Survivor]

As long as people are willing to pay, the rents will keep going up.

[@rosynomad5263]

If you are making 6 digit salary you should not complain. Be happy and pay taxes. We love money and big purchases or start your own business. 😂

[@albeit1]

Median. The median apartment in Mountain View is a lot bigger than it is in SF. A lot of the rental units in MV were built before land got expensive. Before even Netscape became a thing in the 1990s. So when it becomes MORE desirable for Google employees to live in MV than it is to live criminally insane SF, rents will be higher.

[@hoapres]

If you are crazy enough to pay $3,660 a month for an apartment then that is YOUR problem.

[@HAYFEDS]

WAKE UP. We did and left a decade ago. That trash heap has only worsened and they have every intention of keeping it that way😆🤦‍♀️🤡

[@peterbedford2610]

GOOG pays well.

[@MuhammadAliInTheRing]

Thank you again in this time of national crisis for building more luxury apartments- mainly built by some migrants like Mexicans probably who had to occupy lower income housing nearby- thereby reducing the amount available and raising the rents. That sure is helping us all!

[@ccxfrank109]

what is with showing him how he makes his coffee. subliminal?

[@Lion_McLionhead]

Goog told them to get back in the office or else.

[@alexlopez5800]

But on the flip side people who work in silicon valley make much more than 3.6k$ a month

[@marioacevedo5077]

Why did rents drop in SF, Oakland, and Berkeley? Crime. Squalor.

[@utkbyuca89]

People have choices. Rent where you can afford.

[@Westcoastguy]

Yep. I live out in the valley because I can't afford the Bay Area prices.

[@sfrealestatedealmaker6001]

“Buy” where you can afford. Renting is a waste of money. Drop monthly payments into something you will own after you pay for it.

[@everioke]

Why is this guy's furniture wrapped in plastic?

[@SpencerHsu]

Very obvious why. Mountain View has a ton of new construction rentals and RTO is real. Keep this in mind, average income for new hires for those companies are $120-$150k a year. They can EASILY afford this kind of rent. Be glad for high pay otherwise people wouldn't live there, and builders wouldn't keep building new construction rentals.

[@rayray8389]

The owners are ROLLIN in money

[@hoapres]

If you can't afford to live in the Bay Area then MOVE.

[@AKAAAK]

At least it's affordable housing 🤣.

[@koohanpaik-mander7567]

How drab.

[@SuubbuuRana]

I'm nepali but why call me mountain view CA please talk me

[@magicunicorn6535]

Google ruined Mountain View. Facebook ruined Menlo Park. Apple ruined Cupertino.

[@jasonking6892]

Who in there right mind pays this sort of money .. Expat🇺🇲 from the Bay Area now lives in Bulgaria 🇧🇬 very very very well on $2000 a month .The Bay area Dirty Violent and Garbage expense Food

[@twiggs24]

Its $700 a month for a 2 bed 1.5 bath where i live

[@TRATAL82]

California?