cameronlpmoore

Older intelligent people are the best. Older uneducated+opinionated people...not so much.

I love SF as well! I've traveled around the world and lived in multiple US cities that many people consider nice/cool/fun, but SF is still my favorite city. I was in Golden Gate Park today as well and it never gets old - so beautiful, and perfect weather. The streets in my neighborhood are clean, the neighbors are all intelligent, fascinating older people, young families, and just generally really cool people. Granted I never go to the Tenderloin, SoMa, or the Financial District -- if that's your primary view of the city then I understand the distaste, but overall SF is a fantastic city if you can afford it.

That does seem super strange. Any ideas why that might be the case? Most of his day-to-day tweets seem to get a pretty solid amount of interaction.

This tweet from December 10 seems pretty weird now: Justin Kan @justinkan "Early-stage fundraising: - need a great narrative - can get by with bad metrics - but MUST know those metrics"

Houzz as well

NYC really is the perfect comparable to see the potential future of SF. NYC has a housing glut, but a it's all luxury housing. No developer will ever build new "affordable housing" because the economics don't make sense. Increasing the housing supply should decrease prices in theory, but in reality more people will just show up and pay the current asking price (or more). Price per sqft in NYC is pushing 2-3k+ while SF is typically around 1200 per sqft in the nicer neighborhoods like Noe. Pacific Heights is still the priciest at around 1500-1600 per sqft, but still nothing compared to a lot of NYC. This is my clearly my own opinion and it likely won't be popular, but I'm a little surprised that SF is still as "affordable" as it currently is, and it's my view that it will never again be priced any lower (except for short term trends such as recessions).

No developers would be building if that were the case. Ever notice how every new apartment building is a "luxury" building? That's because construction costs are so high it only makes sense for developers to build if they can charge top dollar for rental prices. If the rental prices were low they wouldn't build.

Listing a property below the expected selling price is a common strategy to induce a bidding war. If a homeowner receives 10+ offers at or above asking price then that homeowner is perfectly reasonable in coming back with an even higher price and seeing which bidder wants it the most. It's the homeowner's asset and it makes sense for that person to sell it for as much as possible - no collusion needed.

Agreed on all of your points. I've lived primarily in Miami and Atlanta. After being in SF for a couple of years I only wish I had moved here sooner. The weather is a huge factor for me, and the geographical beauty of the west coast is unparalleled in my opinion. I would possibly consider other cities such as Denver/Boulder, or Portland, but I'll definitely never move back to the southeast.