Rents in San Francisco have fallen by as much as 31%

[ramabeer]

Vuu

[Galactus]

source?

[ramabeer]

https://www.cnn.com/2020/10/19/success/rents-drop-san-francisco/index.html?utm_content=2020-10-20T05%3A30%3A16&utm_term=link&utm_medium=social&utm_source=fbCNN&fbclid=IwAR3qfP_pn9d6NhxH8q1dgfv2SFKfwmxxZ-ubmPGrpXJmdHeoWUFj70tIYOw

[tom bhayya]

5 minutes ago, Galactus said:

source?

Ts ki dorikina ventaney neekey first pedathaaru wait anthavaraku 

[PilliBeta]

I can attest. Similar drop in my apartments.

[Ryzen_renoir]

Maybe not 31% but i have seen temporary reductions , landlords are still calling them temporary reductions until covid vaccine comes out

[Pitta]

[PilliBeta]

6 minutes ago, Ryzen_renoir said:

Maybe not 31% but i have seen temporary reductions , landlords are still calling them temporary reductions until covid vaccine comes out

It's close to 30%. Unfortunately, we signed the lease before covid. But people who sign the lease now have a drop of 1000-1200$ drop. 

[Thokkalee]

Just now, PilliBeta said:

It's close to 30%. Unfortunately, we signed the lease before covid. But people who sign the lease now have a drop of 1000-1200$ drop. 

Break the lease and sign it again.. it is worth if you are saving $1000 per month

[AndhraneedSCS]

Housing market ela undi Bay Area lo ippudu?

[PilliBeta]

Just now, Thokkalee said:

Break the lease and sign it again.. it is worth if you are saving $1000 per month

Lease break cheste 3500$ per month rest of the year kattaliga. Why is it profitable?

[Thokkalee]

Rents thaggayi kabatti salaries kuda thaggistharemoo 

[PilliBeta]

Just now, Thokkalee said:

Rents thaggayi kabatti salaries kuda thaggistharemoo 

If you move out of Bay area, then you will have less salary. 

[Thokkalee]

2 minutes ago, PilliBeta said:

Lease break cheste 3500$ per month rest of the year kattaliga. Why is it profitable?

Usually ga 1 month notice and 1 month extra rent untundi.. anthe gaa?? 

[PilliBeta]

Just now, Thokkalee said:

Usually ga 1 month notice and 1 month extra rent untundi.. anthe gaa?? 

I don't know how it works, I thought since it's yearly you should pay the rest of the year. Anyway, hoping that it will be less than 3500$ when we renew the lease in 3 months.