SF Rents Broke Records (maybe this isn't really news?)

We all hear it time and time again. "Rent is so expensive in the Bay Area!" But just how expensive? Well, rental website Zumper actually reported that rent prices broke all-time high records not once, not twice, but SEVERAL times in 2019! According to Zumper, the median price of a one-bedroom apartment in SF this past June was $3,720. According to another rental website, Adobo, a one-bedroom in SF was going for even more, topping out at $3,904 just last month. 

The good news is that the current SF one-bedroom median price is now estimated to be lower, around $3,490. And by good, I mean actually-just-medicore news because wow, that is still a ton of rent money. Wouldn't you rather just use that money to build some equity in a home across the bay and take advantage of all the tax write-offs instead? Asking as a (knowingly) biased real estate agent. ​