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re: 18% of sellers in San Francisco are taking a loss on their House
Posted on 4/24/24 at 12:02 pm to teke184
Posted on 4/24/24 at 12:02 pm to teke184
quote:
companies relocate, either to Silicon Valley
The days of getting a break on Bay Area housing costs by moving south or east to a commuter town are gone. Prices are out of control all over. I've heard of SF companies providing luxury commuter buses to/from Sacramento. Mobile wifi lets that be work time.
Rather than depopulation, there's a massive ethnicity shift with the bayside filling up with Hispanics who can afford it, and the oceanside becoming even more Asian. An advantage some Asians now have is that grandparents bought homes there at fair prices in 1940s-60s.
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