Comments on: Comments on 4975

Post number 4975

Mr. skullhead — Thu, 28 Dec 2000 19:34:25 -0800

Dotcom Yuppies Gone Home. As dotcoms crash and burn, real estate prices start to drop.

Who can say that's a bad thing?

By: daveadams

daveadams — Thu, 28 Dec 2000 19:51:06 -0800

Real estate owners who bought when the price was high?

By: youhas

youhas — Thu, 28 Dec 2000 23:02:34 -0800

True enough. Also those who recently inked year-long rental contracts, I suppose.

By: physics

physics — Thu, 28 Dec 2000 23:50:09 -0800

i haven't noticed a drop in prices since i moved here (sf) in June...the rent is ridiculous, but the city is amazing...i always wanted to live here and moved as soon as i could (19, going to college). It's too bad the tech boom didn't happen elsewhere or it's too bad I wasn't old enough to move here before it all happened. the cost of living is simply too high for us students...but then again, instead of complaining about the cost of rent, I should just go out and make more money =).

By: jessie

jessie — Fri, 29 Dec 2000 02:02:29 -0800

I manage to make it here on a non-profit web designer's salary (i work for a non-profit education lab) and i find it fairly doable. Plus i partially pay to go to school half-time (loans grab the rest...for now). I think if you really want to make it, you can, but i'd be more than excited to get a glimpse of san francisco pre-dot mania.

By: dhartung

dhartung — Fri, 29 Dec 2000 16:56:44 -0800

It'll take a lot more elasticity in the market to relax prices sufficiently. Right now, it's probably just meaning that people will start paying advertised rates and skipping the bribes. ;-)

By: karenh

karenh — Fri, 29 Dec 2000 18:43:02 -0800

The area has always been expensive. About 6 or 7 years ago, a family friend bought half a house for $300,000. Pretty steep if you ask me.

By: ed

ed — Fri, 29 Dec 2000 20:51:04 -0800

I saw this coming a few months ago when a friend of mine was looking for some new digs. I suppose this means that, as part of the pre-1995 clan, I moved here for the right reasons. Hopefully, the vanquished artists and displaced Bohemians will return -- particularly with a newly elected progressive Board of Supervisors in place. Now if only all the Rite-Aids and Starbuck's would suddenly dry up, we might just get back to where we were in 1996.