A reader’s comment from our report on 44 Rockaway Avenue that sparked a discussion that’s topical and worth its own place for debate:
[Here] is the explanation of how SOMA rental units can be doing pretty well, but why that has not correlated with more home sales and thus prices keep falling: local tech jobs just don’t pay all that well. It’s enough for a 28-year-old to rent a decent small-ish pad. But it is not nearly enough to buy a nice SF place, especially if you have kids.
Feel free to join in, but if you do, please stick with a unique identity that’s your own.
∙ Look Out Below [SocketSite]
∙ Tech Job Quote Triptych [SocketSite]
∙ Here Are The Top 7 Highest Paying Companies In Silicon Valley [businessinsider.com]