Is this a condo with an outrageous HOA that you are not including? Many such cases that explain why condos are valued so much lower.
In SF I have been renting a 1.6M$ townhouse for 4k$/month, and that is very typical of what you can find in SF and in SV.
That has been my experience. Rent increase have been outrageous, but not as bad as the ratio between renting and buying. I would still rent even if my rent went up 50%...
In SF I have been renting a 1.6M$ townhouse for 4k$/month, and that is very typical of what you can find in SF and in SV.
That has been my experience. Rent increase have been outrageous, but not as bad as the ratio between renting and buying. I would still rent even if my rent went up 50%...