Every once in a while, I check to see what my old hovel might rent for now that San Francisco has moved one step beyond into the era of super, cartoonishly ridiculous rents. Apparently, a unit in my old building (they were all pretty much identical) was on the market just last month for the princely sum of $3200/month.
If you’ve ever visited the place, you understand just how laughably insane I find that number. In 1992, I thought it was a little overpriced even for San Francisco at the time, at $800. When I moved out in 2005, rent control had limited the increase to about $935. At the going rate of inflation in the US, it should be renting now for around $1400.
I rather liked my old landlord and I’m glad he’s raking in the money. I imagine there have been some renovations since I left.
Maybe I should’ve bought property there. It’s not like I’d have to live in it or anything.