San Franciso apartment rent rises as vacancy rates fall

Article in 11 Aug 2011 San Francisco Chronicle by Carolyn Said:

“Apartment hunting in San Francisco has turned into a competitive sport with hopeful renters swarming open houses and experiencing more rejections than contestants on “Survivor.”

“You have to pounce as soon as you see an ad you like,” said Chris Covert, a manager at Symantec who was among 18 people vying for a $1,395 Nob Hill studio last week. “It’s definitely nuts.…”

“…vacancy rates are falling and rents are rising in the city. RealFacts says that the average monthly asking price in San Francisco for studio apartments in complexes with at least 50 units hit $1,801 this year, up 13 percent from $1,595 a year ago. Across apartment units of all sizes, landlords at these big complexes are now asking for an average of $2,361 a month, up 5 percent from a year ago.…”””

About Lloyd Kahn

Lloyd Kahn started building his own home in the early '60s and went on to publish books showing homeowners how they could build their own homes with their own hands. He got his start in publishing by working as the shelter editor of the Whole Earth Catalog with Stewart Brand in the late '60s. He has since authored six highly-graphic books on homemade building, all of which are interrelated. The books, "The Shelter Library Of Building Books," include Shelter, Shelter II (1978), Home Work (2004), Builders of the Pacific Coast (2008), Tiny Homes (2012), and Tiny Homes on the Move (2014). Lloyd operates from Northern California studio built of recycled lumber, set in the midst of a vegetable garden, and hooked into the world via five Mac computers. You can check out videos (one with over 450,000 views) on Lloyd by doing a search on YouTube:

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