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San Francisco Bay Area
Reply to "How do people in the Bay Area LIVE?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]My husband and I rent a 2 bedroom flat in the Richmond. We have one kid so it works out perfectly. We moved in in the early 2000s, paying less than 2,000 with rent control, [/b]and have become good friends with the owner. I work in education and make 80k and my husband works in construction making 130k. Is it a perfect life? No, but we are very comfortable. We thought about moving to the East Bay, but decided this was a better fit. Instead of worrying about a home, we have made solid investments in stocks/mutual funds and have a college fund for our son. [b] While Bay Area residents are often stereotyped as either wealthy techies or [b]nimbies who bought homes decades ago, [/b]there are plenty of families just like mine. Middle class families who are just trying to get by with the help of rent control. [/quote] Was looking for info on making it in Bay Area and this confuses me: how different is it to have rent control for almost two decades vs having bought two decades ago? I’m assuming you wouldn’t accept say a 50% rent increase in exchange for expanding rental control to more units?[/quote] NP Rent control is really uncommon in the bay area. I have only heard of it in SF, SJ and now Richmond. Most towns do not have it. It is controversial and gets voted down when it comes up on local ballots. [/quote]
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