The best housing security comes from ownership. And although people don’t like to hear it, if you can’t afford to own in this market, you have to find one you can. San Francisco has tried to create a renter-friendly environment through regulation, but the result has been quite the opposite. I personally would like more policies encouraging homeownership, but I don’t expect it will ever happen.
The great thing is that when the bubble pops, lower income buyers lose their houses to the banks. Meanwhile, the banks get bailed out on all their failed derivative bets.
When I buy, it will likely be in a different metro, but yea I would buy in Oakland, though in Temescal and other such Mission-appropriate places, the prices are quite high
Allan Hough (7858)
Brittany Janis & Katie Cruz (104)
“To the victor, belong the spoils”
renting in sf sucks. all of my friends live in fear that their landlord will sell their building and they’ll be exiled from the city.
The best housing security comes from ownership. And although people don’t like to hear it, if you can’t afford to own in this market, you have to find one you can. San Francisco has tried to create a renter-friendly environment through regulation, but the result has been quite the opposite. I personally would like more policies encouraging homeownership, but I don’t expect it will ever happen.
YES! More homeownership (higher % of population) is best for cities & communities.
Sounds good! Let’s give no doc mortgages to people with poor credit and insufficient income! What could go wrong?
The sooner we get lower income people tied into the unaffordable housing market to keep asset prices elevated, the better!
The great thing is that when the bubble pops, lower income buyers lose their houses to the banks. Meanwhile, the banks get bailed out on all their failed derivative bets.
It’s good to be a banker!
Instead of renting just buy your own so that there’s no problem staying.
I appreciate your sense of humor. Black as Fuck.
Yea, everyone should buy property in SF. Problem solved, me, I think I’m gonna get something on Billionaire’s row, how bout u
I’d be happy to own in Daly City, Oakland, or maybe even Emeryville. I’ve been saving like mad.
When I buy, it will likely be in a different metro, but yea I would buy in Oakland, though in Temescal and other such Mission-appropriate places, the prices are quite high
This thread shows how much the city (and its blog readers) have changed.
omg totesssssss
Refreshing, isn’t it?
Congratulations to all those who watch for the success of this beautiful blog !!
Je Suis Satan