KQED NEWSROOM: Priced Out, Barbara Lee
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- Опубликовано: 30 май 2024
- Priced Out
As Bay Area rents and home prices continue to rise, more residents are considering leaving the region. Reporter Monica Lam on who is leaving the Bay Area and where they are heading.
Also, Thuy Vu talks with Fred Blackwell, CEO of The San Francisco Foundation, and Jim Wunderman, President and CEO of the Bay Area Council, about what local governments and businesses can do to provide more housing options.
Barbara Lee
Scott Shafer talks to Rep. Barbara Lee (D-CA) about the Patriot Act, Cuba and the 2016 presidential race.
There is no quality of life in Austin anymore. The middle class has been driven out. Commuting is a nightmare. Most roads were designed 50 years ago and the traffic has quadrupled. There is no public transit like BART, just a clogged old bus system. The housing is through the roof, the wages are all entry level. I know people with masters degrees waiting tables and living with 5 other people. I am from Austin and these creeps from Cali have ruined the whole place.
Pretty simple cause and effect. Is this as critical as you’re going to think about the situation? Every city/state grows, people are constantly migrating from one place to another. California as a whole is growing. Trust, the issues Austin is/will face goes deeper than the “those damn Californians are coming to ruin everything” rhetoric the parrots enjoy repeating as if they’ve discovered Rosetta Stone
You need to help the poor and get the people off the streets. This is disgusting and sad. People living in tents, eating out of garbage cans. Begging for money.
Why didn't Google, Apple and Twitter move to Sacramento, Stockton or Modesto or even Fresno? Why the need to move to the Bay Area?
How do you only make mid 50k in San Francisco.... forget buying a house, how do you even afford rent? 😂😂😂
many of the people i knew in sf share a place. i made 40k and lived on less. crazy considering 100k income is considered poor in sf.
Asians share spaces or houses. One big house, there may be 3 families in there to share for the rent or mortgage.
Years ago. Maybe back in the late 90s or possibly early 2000s. The SF Chronicle did an article about this one guy who lived in SF. He was able to save up over $100k in cash. He was in his late 20s when he reached that goal. He said he had never made over $35k a year. But he was frugal. He always looked for sales on items he needed and he always had roommates. His thing was to never pay full retail price. He did very little spur of the moment buying. He has worked two jobs at times in if he wanted something more expensive.
This guy reminded me of another guy in England. This guy was out for a beer with his friends. They were talking about the price of certain cars. His friends said that a regular man could never afford a Rolls Royce. Back then the going price for a Rolls Royce was in the low $100k. But he took it upon himself to prove his friends wrong. His way of thinking was that the Rolls wasn't out of reach for the everyday person if you really wanted it. So for the next 3 years he worked two jobs to save money for a Rolls Royce. He achieved his goal. I'm not sure of when this was done. Maybe in the 80s.
Pak YesU yes and when they pay off that house they buy another one then move their and rent the other one and it keeps going🤓😀
YOU DON'T! Aren't you listening? Geez.
I lived in San Jose making six figures, and I was 'priced out' because I didn't have a wife or roommates. Can't wait for that market to crash.
rwdplz1 realestate has doubled every 10 years since 1940
My grand mother's house on Lake St. she paid $7,750. for in 1952 is valued at $2-3 mil now depending on the website. RE is knowing when and where to buy.
Jean P. G. The last time it crashed it was because of the crazy loans that were given out, I guess you have 1-5 years to save up your Down Payment
Jean P. G. Been in SJ for the past 35 years, House was worth 200,000 now worth 2,500,000 so don't wait to buy
Why don’t people just squat. If they pay the property tax for 5 years it becomes theirs. They should find vacant land build or put a trailer on it. Get cool with police so they don’t evict you. That’s how my grandma did it in Mexico.
Let's not forget the millions of people that are prospering and happy in the Golden state.
Austin is more expensive compared to Dallas and Houston to buy a home and to rent. You might find more reasonable housing in suburbs but then you have more of a commute. The prices have gone up in Austin because it is becoming more tech it balances out because your income will also be less in Austin compared to San Fran. You still could struggle moving to Austin if only making 50k a yr. And only one income and want to rent or buy in a nice area.
Don't California my Texas!
Just remember 90% of all California women are liberals!! There's the problem. It's bad in California!!
too late austin is a mini ca now lol
John Pui I'm coming
Sorry but I’m looking at Dallas or Houston to move from the shithole overpriced Bay Area. Don’t worry, I’m NOT a gun-grabbing commie or trendy hipster.
We're not sending our brightest so don't worry.
Austin rent about to be sky high lol . Tech companies wanna move there now
Austin had pretty high rent already in 2001 when I lived in San Antonio. I was paying $390 and Austin was like $500 and up, many one bedrooms were $800.
Tech companies ARE moving there now. There are several video game companies that have Austin offices.
Having a few offices is one thing. But having a huge concentration of high tech people will drive up housing prices. The average income in San Mateo county which is just south of SF is just over $240k a year. There are a lot of software people living and working in the area.
Austin rents have gone up and to buy a home as well but still way less than San Francisco
I never thought I'd agree with Barbara Lee, but I totally do agree with her regarding the Patriot Act.
She's the only one that voted like all of Congress should have voted. I hate Barbara Lee, but on those issues she was 100% right.
Barbara Lee is def part of the problem. She sat back , kept her mouth shut and made a lot of money.
America allows the foreign investor to buy up housing for cash......500000 is lower middle class.......money rules ......
I and my girlfriend make 260K a year and can only buy a house in East Bay. Forget about S.F, Burlingame, San Mateo, Redwood City and mountain view. It's soooo expensive.
They need to make it easier for developers to create mid-tier housing. I.e., neither luxury nor working class. The requirements for affordability are so extreme that no developer can make money with it.
As "government plays a big role" in housing the market and housing supply become more constricted. That's why Bay Area housing is so expensive - when you limit supply in a high demand market prices rise.
Bloody hell $1.1 Million!! Sounds like bloody London. A Finance Capitalists Wet Dream!
Isochest all high-tech companies moved to San Francisco
almost 2mil now for an avg house, 800k for small condo lol
I lived in SF from '84 to 2002..... SF became too damn expensive, and a real shit hole..... I am so glad that I left .....
Was a teacher in the South Bay - moved to Germany and: doubled my income.... now live in a 3000sq ft home... no driveby shootings.... and all costs reduced hugely. Love CA.... but prices weren’t worth it.
Sorry, Austin is no mini San Francisco. I moved from Austin over 14yrs ago. It’s like the tech version of the boonies compared to SF. Don’t let the bs silicon hill marketing fool you. I’ve been back to Austin many times over the last few years. Still the tech boonies. Great place to live, terrible place to work and build a fortune.
This lady speaks truth here she is just trying to get a lot of issues set across the table and start talking about what needs to be done. INJUSTICES and INIQUITY and all of this Stuff. ITS TIME We need to go after those creating the ENVIROMENT OF INJUSTICES>
I went to austin in 2018 for the MotoGP race and i loved it. However, I live in nyc so i know it's only a matter of time when it comes to cost of living.
Good Luck Austin!
just marry the facebook guy
Lol...I have experience with FB employees.....no work ethic, disorganized, can't follow delegated instructions...
Hate to break it to you. Most FB guys can't afford to live in the Bay Area either. LOL.
If you live in the bay area and think Austin is cheap you should see Memphis!
Don’t come to Seattle it’s getting expensive here too
I agree that Austin is an awesome place but housing prices there are skyrocketing too and Texas property taxes are outrageous.
your San Francisco will never be the same when you let people poop on your city streets do not come to Arizona we like being red and safe.
Why is there such a wide wealth inequality gap and no affordable housing in these democratically, progressive governed cities and states?
sf is over
Which neighborhoods of Austin are hitting the sweet spot about now? Anyone has insights into that market? I see most of the
All of them inside Austin proper, it's a very central city the closer to the center the better and higher generally. For investments the east side is a great area to find a fixer upper or low priced property and make money on it in 5-7+ years. All and all it's a slam Dunk
loling at these prices in 2023 :(
I wish it was even as close as these prices.
Update needed…
What happened in San Francisco will happened in Texas. Moving tech companies to Texas will help the economy for the time being but will hurt the overall health of Texas in the long run. Texas will regret it's decision in the not so far future.
It will happen anywhere where an influx of wealth moves in. Even under the best of circumstances, there's only so much housing stock that can be developed in any given area and if there are people who are willing and able to bid higher for that stock, it's always going to put pressure on those on the lower end of the economic spectrum.
Housing should be a constitutional right! We need FDR's 2nd bill of rights! It is the only solution to homelessness
Now I know why there's a bunch of people in my city. The same thing they left back home is happening here.
please don't ever call Austin "mini San Francisco"
I live in the rural sacramento valley. Even though we have our own problems with homeless and crime in the cities, the home and rent values are cheaper. Also Sacramento is opening it's doors more to a artsy scene like sf once had..
Sacramento is a shithole.
Artsy fartsy doesn't pay the bills.
Yes, don't come to Vegas...we're full 😂😂😂
EL Paso, TX & San Antonio, TX are the other great Cities to move to & to make great money also IF your a Business owner 😎💰👍🏽!!!!!!!!
The way a lot of these people are moving to Texas I give it a couple of years and Texas will be the same as California in the housing market.
unless if they don't put caps and laws that are anti growth..
The Bay Area, specifically SF, is restricted by water. Only 30 square miles to accommodate 700,000+ residents and counting...simple supply and demand...unless you build on water, there are few places to build housing. What comparable limitations exist in Texas? Peninsula vs a wide open plain. Two completely different ball games
John looks like Jay Leno.
sad to see people "following their dreams" and all they are just chasing is.....a dream.
Move to Minneapolis/St-Paul metro. Winter sucks!!! But everything else is awesome. 😆
Well the economy is going to collapse more with rent gaugers out there. There will be more foreclosures. Who wants to live in a place that is going to have a big quake sooner or later.
prices are MUCH higher now !
What is going to happen when so many people leave California u know the middle class whose taxes re paying for all the free stuff ? And these r the people who make your coffee at coffee house. And the rest of the people who don't get 100,000 a year? Right now more are leaving California then coming into it. Me included.
Bla bla bla ba bla. Talking and solving nothing. Typical Dem BS. Wake up, people.
Exactly!
I moved to the central valley in California. Much better than Texas. Plus, I can legally smoke weed here but not in Texas.
Still...blame the Chinese real estate investors!!!
That's a peripheral issue at best, The biggest single factor is that there are tons of people who can afford the high cost of living due to the economic opportunities that are occurring on the high end.
Better off in NY metro area even though it's the second most expensive region in the country.
The host complains that San Francisco is one of the few cities projected to become a majority white city by 2040. "More white = bad" according to her. Unbelievable!
@Joanne Woodward You are a racist piece of shit
@Joanne Woodward - "It's "Tract" house. And you are full of it. The Chinese bought maybe not even 1% of housing in SF. Possibly a little more than that in Vancouver. Other than that, I agree with a lot of what you stated. But as always, it's generalizations and stereotyping (even if generally true).
I would leave SFO in a New York Minute!
This is B.S. People are going to move out in droves
Sure they will, but other people who can afford it will move in.
I'm from Austin. Hilarious that all these California Liberals are flocking to our area. We must be doing something right.
+jeffy john And that's probably why some Austin residents have had their property taxes increase 25 percent in one year!
yes, myself included. this my hometown is a nightmare now. Traffic, crime,,high cost of living. I cant wait to retire and move to West Texas.
jeffy john same in thing in El Paso. These creeps and weirdos are coming here turning everything into lofts and hi end juice bars
LOL
David so they are making poor dirty El Paso an actually nice place to live? LMAO. #Dumbass
After 12 yrs in the Bay Area, I just moved back to Houston. I moved when a 1 bedroom condo in Foster City sold for 1.2 million. But the startup, tech in Bay Area is the big game. The norm is everyone has housemates, just like when you were in college.
Many on the news are murdered by housemates. Not a great idea.
Priced out of Malibu. lol
i hear austin is just a mini california
come to macomb, il. Home of Western Illinois University.
the government needs to cap the prices on housing because people who own apartment complexes are getting incredibly greesdy and so stupid they don't realize that the 99% are not the Rich. they haven't thought about making money from average people who are there only customers. Housing owners need to find out the average of the 99 percent, including all people including homeless and make better lives for people. Cap the greedy. you should'nt have to be trained for anything to have to right to live a human life.
You keep blaming the land owners who are paying outrageous property taxes to give the freeloaders their free crap so they'll keep voting for the liberals!! The disconnect is you don't know who really ends up with the money; you just know who you give the rent to!!!
So San Francisco is actually going to loss money cause no one want to stay their ha
Good make S f normal AGAIN !!!!!!!!
Can’t wait until the Bay Area falls into the ocean!!
I appreciate so much of what Rep. Barbara Lee says in this interview. However, I do have great empathy for Edward Snowden--he did what he felt strongly was needed by the American people and for the United States. So much that we should know has come to light because of him. Before Mr. Snowden is wrung through the legal wringer, Barak Obama and his ilk must be brought to justice. As the Congresswoman said: "...there are laws on the books. Yes, indeed!
oh cry me a river. Every good spot in America tells on it'self, brags about it'self then bitches when the world moves in.
San Francisco was a great place to say you're from (4th gen) but even if you were born there your parents came from somewhere. It was my Great Great Grandmother who moved to San Francisco as an original 49'er. My Great grandmother was born there in 1876. I remember a downtown skyline with the capitol dome being the most dominant structure from a Bernal Heights view. My Grandmother, 6 mos. old during the Quake of 06', widow, single parent, worked as an accountant at Blake Moffitt and Towne Paper Co. We started in the Sunnydale (Projects) military housing. They worked hard, saved, died millionaires and left their children well.
Use your imagination, they did. I do. It's not difficult, if you have one. People who use AI loose theirs.
@truthseekers - It's a lot more difficult now. Those were the good old days. Even up until the 2000s people could make a go of it, but after the dot com bust, 9/11, and other events (such as the Great Recession), things have changed. My parents bought their first house in San Mateo for $26,000, and then a bigger better house in San Jose in 1975 for $75K. Most people historically, gained their wealth, by what has always been the best investment: Real Estate. But if you can no longer afford to buy a house in this area, people have to go somewhere else. It's as simple as that.
Somehow the liberal media spun this into a race issue
How is it a Race issue when everybody is getting screwed over?
If you are in the Bay Area all the white rich techies move into the poor black and latino neighborhoods and kick them out so they can own a victorian. Its a social class and race issue. Also many condos are bought by people in China and the Middle East and sit empty. Those houses should go to Californians first.
Briluvr got to have money
Briluvr Sorry buddy, but there's ALWAYS a racial subtext.
they always do. Life for them is all about race. Like all good Marxists.
blah, blah, blah, lets see bricks and mortar flying, instead of bullshit talk, 5th biggest economy in the world atm, affordable housing should be flying up everywhere......
Realitors are to blame. Speculating should be outlawed and realtors should have to have degrees with ethics. They should not be able to sell homes to investors instead of homebuyers. They should not be able to set rents or home values.
Mike Brink Everyone acts like it's normal for realtors to raise the price of housing because there's competition. Write your representatives for laws to protect the public.
You'd tell someone who they can sell their own property to and how much they can ask for it? I see you're not a capitalist.
shammy dammy What are you talking about?
You're stating that people should be told who they can and cannot sell their properties to, right? That they can't set a selling price or rental price for their own property, right? So are you a socialist, or a communist?
shammy dammy No I'm saying that Realtors should not be setting rents or home values. Realtors are the socialist or communist. Realtors are controlling the market.
San Francisco from a talent perspective is superior...100% TRUE. Everyone will open offices there, but the technically demanding roles will always stay in SF.
Place is a doomed, Liberal, Gouging-Capitalist Shit Hole. As evidenced....
Bay Area is still attractive for large employers to call this their headquarters in the foreseeable future. The wealthy will stay.
Don't bring the crappy liberal politics to Tx that got you in that mess in Cali.
I would never ever live in Cali or New York idc whats there who’s there ..yup Iam happy in my cold cold state of Alaska 🙌🙌🙌🙌
It's 2018. Even higher now
Middle class and poor need to move to middle of country and leave the coast and cities to those of us that can afford it. Nebraska needs people!
To live in California you need a salary is anywhere close 100,000.00.
Andrew Villanueva not all of California is that expensive.
karma's a bitch you can't buy a home 500,000. It's 500,000 and up anywhere.
Andrew Villanueva check the housing in Antioch, California. There are houses there that are under $400k and that's just an hour drive from SF. Stockton has even cheaper houses that go for less then $200k.
You apparently have no concept of the madness of commuting those long distances. What you call a one-hour trip can be three hours or more in real time. Ge to the freeway. Drive the freeway. Get from the freeway to the workplace.
Anonymike l used to work in San Jose on first street. My job was to drive Los Gatos mountain view area. I would have to spend 2 in hours in traffic going home.
All due respect to Rep. Lee...in the 70's the most difficult students for white teachers to instruct were black students. Guests on campus could walk the halls of jr. high/sr. high schools and see black students in black teachers' classrooms with their heads down, books open, pencils working away, behavior exemplary, and, contrary to district rule: "More on your feet, less on your seat", black teachers were permitted to sit throughout the class hours seated at their desks grading papers, making out lesson plans, paying personal bills...whatever. Contrarily, when those guests passed white teachers' rooms, fights were going on, students yelling out at each other, books being pushed off other students' desks and the teachers were rushing to the intercom for help. All one black student had to do was yell, "Yo momma" and all hell broke loose. When films were shown and participants were black, the black students laughed at those persons--her weave, his Afroid features... They mocked each other. It was as if the black community were rearing a small army. Why would it surprise anyone that black males today make up the largest percentage of incarcerated ones? They were reared on conflict with authority...unless it was your own kind. That's how white parents have let their own kids down--they did nothing when their students came home with tales of violence perpetrated on themselves and friends by black student gangs. They chose not to support white administrators who were being beat up in public restrooms by black teens and taken to court charged with sexual abuse by black females. Please! Black incarcerated ones get very little of my sympathy.