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San Francisco apartment rents fell in November


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2015 Dec 14, 9:03am   2,095 views  2 comments

by John Bailo   ➕follow (0)   💰tip   ignore  

Is the bubble popping? San Francisco apartment rents fell in November as Oakland soared

"The city's rents fell by 4.6 percent to $3,500 per month for a one-bedroom in November, down from a peak of $3,670 in October, according to research from Zumper. San Francisco is still the country's most expensive market based on one-bedroom rents, ahead of New York and Boston."

http://www.bizjournals.com/sanfrancisco/blog/real-estate/2015/12/bubble-apartment-rents-fall-san-francisco-oakland.html

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1   lostand confused   2015 Dec 14, 10:07am  

Is it a one time thingie?

2   mmmarvel   2015 Dec 14, 11:09am  

John Bailo says

The city's rents fell by 4.6 percent to $3,500 per month for a one-bedroom in November, down from a peak of $3,670 in October

WOW - what a drop. Now the rents are only 7 times what they should be instead of 7.5 times, thanks for the update.

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