Think Bay Area Rent Is High? Rents Are Rising Everywhere Faster Than Inflation, Experts Say It’s Going To Get Worse
The average U.S. rent has climbed 14% to $1,124 since 2010. That’s four percentage points faster than inflation, and more than double the rise in U.S. home prices over the same period.
Most Of SF’s Airbnb Listings Technically Illegal As Homeowners Struggle With Rigorous New Application Process
Many San Franciscans say they haven’t been able to register their homes or apartments under the city’s new short-term vacation rental law since it went into effect last month.
The average price of a home in the Bay Area is up again on a year over year basis, data released today by property information service CoreLogic DataQuick shows.
San Jose is the most recent city to consider slapping a hotel tax on short-term rentals from websites like Airbnb, but the city maintains it’s not trying to discourage the “shared economy”.
Residents who rent their San Francisco spare room out to travelers on websites like Airbnb have reason to rejoice.
The 14 percent hotel tax is expected to net millions of dollars a year for the city of San Francisco.
Skyrocketing rental prices in the Bay Area, especially Silicon Valley, are showing no sign of easing up, according to a new survey.
A San Francisco-based car sharing service that hopes to compete with the rental car industry has announced a $25 million funding round.
Is the City of San Francisco going after homeowners who are renting out their homes to vacationers? One San Francisco homeowner believes they are.
In the fifth and final part of our special Cover Story Series, KCBS reporter Doug Sovern looks at several proposed solutions to the housing crunch, which all may take some time to make a difference as Bay Area rents and home prices keep rising.