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Updated over 4 years ago on . Most recent reply

Account Closed's profile image
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Account Closed
  • Investor
  • from Singapore
  • Member since Mar 26, 2013
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Account Closed's profile image
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Account Closed
  • Investor
  • from Singapore
  • Member since Mar 26, 2013
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Account Closed
  • Investor
  • Singapore
3,225
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California Real Estate Q&A Discussion Forum

Bay Area rents plummet?

Account Closed
  • Investor
  • Singapore
Posted

If you believe this article https://www.sfchronicle.com/bu... Bay Area rents are dropping like a rock. What are investors seeing? Im leased up until next year but for people who have units for rent are you seeing a significant drop?

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Ana Marie B.'s profile image
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Ana Marie B.
  • Rental Property Investor
  • from SF Bay Area, CA
  • Member since Aug 3, 2015
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Ana Marie B.'s profile image
Ana Marie B.'s profile image
Ana Marie B.
  • Rental Property Investor
  • from SF Bay Area, CA
  • Member since Aug 3, 2015
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Ana Marie B.
  • Rental Property Investor
  • SF Bay Area, CA
156
Votes |
206
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Ana Marie B.
  • Rental Property Investor
  • SF Bay Area, CA
Replied

"Plummet" is such a harsh word. I just renewed a 12-month lease for a 3/1 SFH in South San Francisco for $3600/ mo. about 2 weeks ago. No issues thankfully.

I probably could have done a slight increase, but decided against it due to COVID-19. 


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