SF

Pudddddin

When I was last in SF they were often cheaper on the fare but not always Also no driver tip expected

thisisillegals

Can't speak for SF. But rents around my area aren't going down drastically, but they are starting to offer multiple months of rent for free to try and convince people to rent. They are trying everything to keep rent high because they don't want to admit the value just isn't there.

segmond

This thread is sad for WSB. If you can't afford SF, you're broke. So get back to gambling so you can have enough money to be able to afford a property in SF that way when you see these kind of posts you are unbothered by it. Have SF house money without needing to live in SF.

sanfranchristo

They aren't rebuying Teslas. This is my broken-record anecdote that I don't pretend should make for investment advice: Rivians have been the status symbol among a certain class in certain places for well over a year. Go to a primary school in a decent or better suburb in Seattle, SF, or LA (these are just the places I can speak to from personal experience) and they are the new family wagon and/or tech dad SUV among the same type of people who were early adopters of Teslas. We have a few Polestars and Lucids as well (both on my block in Seattle) but Rivians are everywhere. Again, I don't pretend this means too much but I frequently read people saying how they've never seen them or aren't popular and I have the opposite POV.

theineffablebob

My point is that their office space is in Silicon Valley, not San Francisco. The post is about SF real estate

Specialist_Ad_4647

SF is not hot

preferablyno

It’s not cope lol I want to move to SF and I’m a pessimist

ItsSevii

Why would anyone want to live in SF. All your shit will get broken into or stolen.

mubi_merc

SF has strict laws on how much rent can increase per year. Landlords are unwilling to reduce rent to fill units because if the market turns around they can't just bring the price back up. Now they are stuck at the lower rent and can only raise it back up by single digit percentage points per year. You can argue about the ethics of that kind of business or whether strict rent increases are doing harm or good, but it does tend to favor sitting on empty units to prevent collecting less rent for years to follow.

sargrvb

'Hottest real estate on earth.' In SF. You know... The place known for the most recent economic gold rush, poor job market, and rising crime rates. IDK, kinda sound like where NYC was at in the 70s. No one wants to invest in 70s NYC. They want 2000 NYC. Obviously. People are convinced the city will look like Chicago, not the big apple and at the burn rate... They're probably right.

SeeYouOn16

I was in college and had a resonably stable job when it happened but zero assets and practically no cash so I wasn't going to start buing stocks, but I remember saying to my friend and roommate at the time that "the world just went on sale". My buddy who was doing a lot better than me financially at the time bought a couple year old well optioned Ram 1500 with low miles for like $12,000. He bought a 3,000SF house on 1/2 an acre for $170k. It was a crazy time.

Healthy_Razzmatazz38

the bay area real estate is the one thing that kinda scares me as an obvious financial crisis. every house their is bought with stock gains, and its stock thats sold by people forced to hold over 4 years as it vests. If your salary was 100k+20k in google stock, by the time it vests your real salary for that year was 200k up until now. What happens when the stock goes down 20% over 4 years. then your real salary droped from what you felt was normal of 200k to ~115k. Suddenly that mortgage is a unsurmountable, then what happens when wages stop going up because not everyones locked into SF like in the 2010's.

Rib-I

200k is upper middle class in many US cities (NY, LA, SF, etc.). Those folks also get taxed quite a bit because they're earners, not asset owners. The problem is the ultra-wealthy owner class who can just take out loans against their portfolio.

aragon58

I will say I was looking for a new apartment this past month in SF, and I saw at least 3 listings get taken down and reposted with lower rents, though obviously thats anecdotal.

Soapbox503

Generally if you're trading in SF real estate you are rich

theineffablebob

Meta completely exited 181 Fremont. Google is consolidating SF office space. Amazon has some small SF offices for AWS and Amazon Music. I don’t even know if Apple has an SF presence. If they do it’s likely tiny.

GideonWells

All of those companies absolutely have a presence in SF. Meta at one point had two skyscrapers.

moopie45

You'd think but most of my job propositions in the past four years, this year included, have come from SF. All about 250k base

Rennsail

Lived in SF (do NOT call it "San Fran" you tourist scum) in the late 1990's during first dot come wave. It was fucking epic. Mostly clean streets except for the Tenderloin, which you know to avoid. Saw the first Matrix movie at the Sony/AMC theatre near the Mosconi center and saw the X Games at the base of the Bay bridge. Now its a leftist-run shithole....literally. Visited in 2019 and dipped out after a 1/2 day after getting accosted on the Embarcadero in broad daylight. Still beautiful in a lot of ways but would NOT live there today so not surprised the RE is piling up.

jgfui

Bro Uber is cucked, even Uber themselves are in a shock situation, trying to figure out what to do vs Waymo and later on Tesla, if they rlly deliver the full FSD. Just check out how much market share Waymo already has in SF, they expand now to the whole Bay Area. Uber should have tried to get a partner in that field early on, they missed the train.

Soapbox503

Consider that the same rich guys that are bidding up SF real estate are also bidding up the stock market.

TechTuna1200

Jokingly, a 1M USD apartment in SF is the same size as the closet Harry Potter lived in the first movie. SF is full of entrepreneurs that 10-100M USD from the company and are just buying whatever property they are pointing at. If you are not earning 400-500K/y as an engineer, you are not really earning that good money, given how expensive it is.

theineffablebob

Big companies like Google, Meta, Amazon, Apple, etc. are back in the office. These companies don't have a strong presence in San Francisco, though. Their offices are about an hour south of SF. Housing down in those areas like Menlo Park, Palo Alto, Cupertino is still pretty strong.

Helpful_Source_8985

No one wants to be in a Democrat ran state. Newsome and the mayor in SF has ruined it

lanmoiling

They had a small fleet and was much more interested in solving the harder city - SF, and needed to focus the small fleet to be there.

Mother___Night

Looking at high end places in SF: holy shit places going for 10-20% below 2015 prices.  That place is fucked.  

Whalesftw123

Is the drop in search on advertisable queries? Because alphabet revenue growth is solid. Search who killed Julius Caesar on google and you’ll see no ads. They only care about monetized searches like flight to SF this Thursday. If ChatGPT is taking over random queries I don’t care as long as people aren’t asking ChatGPT for best secondhand lawnmowers around me.

BrownBritishBrothers

You bought a $2m condo in SF. At least come up with a realistic lie, something like the DJT guy. That was fucking hilarious.

FrankieGrimes213

Alive and well. A small business owner in the SF bay area with a wife and kids. I've made it this far by not believing the blatant misinformation. You should give it a try some time.

Wingzerofyf

They’ve also been hitting basically every corporation with this bs. Levi’s (a famously SF company) told em to pound sand too.

unhappyreach_

Tech offices around the SF Bay Area are going to be real fucking awkward tomorrow 

elgrandorado

$RACE "Ferrari (RACE, Financial) reported Q1 2025 net revenues of €1.791 billion, a 13% increase year-over-year. The operating profit (EBIT) rose 22.7% to €542 million, with a net profit up 17% to €412 million. Hybrid models made up 49% of shipments, with plans for six new models in 2025. Ferrari N.V. (RACE) delivered strong financial results for the first quarter of 2025, showcasing a robust performance across key metrics. The company reported net revenues of €1.791 billion, marking a 13% increase compared to the same period in 2024. Ferrari shipped 3,593 units, reflecting a slight growth of 1% year-over-year. Operating profit (EBIT) surged by 22.7% to €542 million, resulting in a margin of 30.3%. Net profits climbed to €412 million, showing a 17% rise from the previous year, with diluted earnings per share (EPS) reaching €2.30, an improvement from €1.95 in Q1 2024. The revenue growth was driven by a diverse and enriched product range, including the Ferrari Roma Spider, 296 GTS, SF90 XX family, and Purosangue. Notably, hybrid models comprised 49% of total shipments, emphasizing Ferrari's commitment to electrification. The company also unveiled two new special versions, the 296 Speciale and 296 Speciale A. Looking forward, Ferrari maintains a strong outlook for 2025, projecting revenues exceeding €7.0 billion, a 5% increase from 2024. They anticipate an adjusted EBIT of approximately €2.03 billion and industrial free cash flow around €1.20 billion, representing a growth of 7% and 17%, respectively. Further, to manage new US import tariffs, Ferrari announced potential price increases of up to 10% for certain models, which may affect profitability margins by 50 basis points. Despite these challenges, Ferrari's strategic focus on product mix and its capacity to uphold premium pricing underscores its resilient business model." I did some large repositioning during the liberation day period, selling out of V, MA, and MANH. RACE was one of the two positions I went into as the valuation felt reasonable enough relative to the company's quality management team, pricing power, and brand strength. I'm not surprised to see them managing the current uncertainty well. I'm really happy about the focus on product mix, as shipments only went up 0.9% despite double digit revenue and EPS growth. The key to being a luxury business is ensuring your brand is not diluted through endless supply or incessant low quality releases. The only disappointment I have is their current F1 season :/

Sensitive_Pilot3689

Yes! Will send all the transgenders to Alcatraz in SF where they belong 😡🇺🇸 or something else retarded like that 🤷‍♂️

loremipsum1111

Just a single data point - grain of salt. I was driving over the bay bridge in SF, stuck in traffic. I was watching a cargo ship setting out of the bay towards the golden gate. The rear of the ship behind the bridge was nearly empty. There were only 3x2 x 2 high shipping containers center at the rear, where if it were full capacity it would perhaps be about 16x5 x 4 high.

brainhack3r

yeah... I live next to the SF bay bridge and I can see Oakland on my walks but my data is still anecdotal. This is better... I'd love to have real data. Seems like a lot of things are about to implode. The question if whether there will be a sharp retaliation by US citizens though... We need more protests.

brainhack3r

Nothing is coming into SF... there is always stuff coming into Oakland but nothing now...

Able_Worker_904

My biggest issue with The NY Times calculator is that it defaults to a national average rent increase (~3.2%), which may underestimate rent growth. It does not account for rent control, lease renewal variability, and tenant churn effects in VHCOL metros like NYC, SF, and LA.

RaZE___SoViEt

This post has no value or paragraphs, same as NWTG has no shorts(3% SF),(0.04SR),(0.13% SI),(40 RSI) and 0.06 RV lol . It needs a big catalyst, you will get diluted prior though. Wishful thinking is not a catalyst.

Street-Air-546

Vegas and SF. I first saw it at a cheesecake factory in SF then started looking, and seeing it elsewhere too. It seemed limited to restaurants though.

Skeeballnights

We saw this happen with healthy food. Living in LA and previously the SF Bay Area, we did things like get rid of “supersized” and the right when crazy. When we tried to get rid of food dyes banned in other countries, same thing. Now they are all MAHA. No real beliefs they just parrot talking points.

Spidaaman

You’ve clearly never been to Austin or SF.

i-love-freesias

SF is highly regulated with rent control, etc. I wouldn’t own a rental there. I don’t trust the treasury department right now, so I’m moving everything into my brokerage account.  I think it would take longer for stocks and corporate bonds to have no value.

X0smith

people still hoping for robotaxis while SF and LA are crowded with waymos, lol

NotAriGold

PLTR trades at 200+ fwd PE and TSLA has a 130 PE with declining global sales before we even see tariffs show in the numbers. If you want more AI exposure, I would much rather buy Meta or Google since both have excellent balance sheets, a cheap PE ratio, and have good AI offerings. For the robocab point, Waymo is the one actually doing this now. Tesla may finally get to market and scale but they are behind while Waymo is already in SF, LA, Phoenix, Austin and soon Miami, Atlanta, and DC.

vonbauernfeind

I've been looking at shipping traffic around LA, Seattle, SF. The ports are empty. There's damn near no container ships around. It's going to be a bloodbath when warehouses burn through their stock.

Right_Traffic_4821

SF Giants in first place. Anything is possible you should follow your dreams.

therapistofcats

I remember back in like 2008 I was driving a friend from SF to Denver and we went the long way and did North Rim of the Grand Canyon and Vegas. Excalibur was like $35 for a nice room with a huge TV and awesome view. I can't imagine what it costs now.

BonjinTheMark

He's got a good starter sense. I was buying chicken tendies and spending my Safeway coins on SF2. Hopefully this guy doesn't blow it XA1234 or whatever that scam coin they push in all the comments.

unhappyreach_

Nah dog If youre poor in West Virginia, you can't even afford to be homeless in SF.

BullPropaganda

My pain is basically gone today but I have like 9 more oxys. Do I keep eating them until I end up in the streets of SF?

Separate_Throat8455

I have 2025 K5, BMWX5, GT3 RS, and Ferrai SF90 Stradale

polychris

Anyone who's been in SF lately knows that Waymo (aka google) is the king of self driving cars. in the 0.5 miles I have to drive from the freeway to my office in the morning, I probably see 10 waymo cars carrying taxi fares. Google is going to own the self driving car market, this line of business will be huge in the next 5 years. Google is going to win in AI in general as well. It's frustrating the the market is rewarding TSLA and punishing GOOG right now, but in time all will work out.

Commotion

Not sure about the other cities, but Waymo operates everywhere (or practically everywhere) in San Francisco. Their operating area looks like the city/county (because SF is both a city and a county) limits.

abcdeathburger

It really depends on where you're going. When I was on the east coast, flights from VA to NYC (train takes a while) jumped from $80 to $200+ one-way I think in early 2024. I thought it was a spring break thing (March 2024), but prices seemed to stay high even after that. But if you're on the west coast, flying between LA, SF, Vegas, even San Diego and Phoenix is still cheap as shit. On the flip side, I was able to book round trip between VA and SF for like $300 2-3 days in advance. Thank god for Breeze.

Adorable-Salary-5204

Try riding Waymo in SF you won’t be disappointed, camera only approach is a dead end

Adorable-Salary-5204

I rode in SF last weekend it was pretty nice when you don’t have to chit chat with driver

Orzorn

LA and SF are total shitshows. That's why I always go SEA instead. Way quieter and more chill of an airport.

Jmills14

Took one in SF after the SB last year. Weird experience but one of my friends stated, “if I was a woman, I’d much rather get picked up by a Waymo especially after being out all night, than an Uber”. This is the future.

nazbot

They are EVERYWHERE in SF. I took a few last week to try it out and it feels like being in the future. I bought GOOGL shares almost immediately afterwards.

777IRON

Saw hundreds last time I was in SF.

Roger_Cockfoster

That is utter nonsense. Again, you clearly haven't been to SF. Every other car on the road is a Waymo, I take them all the time, as does everyone else here. I've probably taken at least 100 trips, all without incident. And it's not clear what you mean by "virtual rails," but you clearly don't understand the technology.

ishamm

There is, quite literally, a 'tesla robotaxi' service operating for employees as a test in SF today. Has been for a few months.

Affectionate_You_203

It looks like it’s lopsided distribution so there might be more in LA and SF but still a pitiful amount nationwide. To put this in perspective, Tesla (even though they’re late) are approved for robotaxi rides in Texas and California and they’re already out here in Austin riding around in preparation for non-beta users in June, which is fast approaching. Once regulators see the data on CDs and approve wider release, Tesla will instantly be able to scale to millions over night. Waymo CEO has already said that they’re the leader but they expect to take some market share. At this point though, it’s probably going to be explicitly political people and that’s few and far between. “Waymo’s fleet is now roughly 700 cars across three markets: San Francisco, Phoenix and Los Angeles, with more than 100,000 weekly paid rides and two million paid rides to date, according to the company.” https://www.forbes.com/sites/martineparis/2024/08/24/waymo-has-5-billion-google-ai-and-super-fans-can-amazon-tesla-and-uber-compete/

jag149

I’m in SF, and I mostly stay in the city, so it’s just as accessible as other options for me.

S_CO_W_TX_bound

I thought google’s VC arm only had like 5% ownership. I hope it’s higher. I’m long googl. Totally agree tho, walk around SF and it’s all Waymo robo taxis. No other self driving taxis I noticed

I_Am_Robotic

Have you riden a Waymo? Yeah they have limited geography right now. But in SF I’d feel way safer in a Waymo than an Uber. Plus no shitty music and smelly car. You know exactly what you’re going to get.

Bobba-Luna

I was just telling my partner that after 2008 there were a lot of houses on the market for relatively cheap in San Francisco. A large Victorian for $800,000, wish I could have afforded it back then but doubt we’ll ever see a home below 1 mill in SF again.

KotMyNetchup

2pm - executive order to nuke China 2:05pm - TLSA $500 2:10pm - China launches counter nukes, seizes all American assets 2:15pm - TSLA $600 3pm - DC, NYC, SF all gone 4pm market close: TSLA $9,000

a_simple_spectre

need to find someone with a tism with a special interest in covert direct action, theres gotta be at least one SF dude

PinkyLeopard2922

Not particularly backwoods but I live in Tampa. On some level, yeah I knew these existed and were working in CA, but it was not something I spent a lot of time thinking about. Visited my sister and some friends in SF last November and seeing it in person was like HOLY SHIT and really knocked some reality into me. Some of us really do need to be hit upside the head to really "get it."

luke-juryous

They launched in SF, LA, Phoenix, and Austin. They’re launching to many more cities in the near future, including Tokyo.

mwax321

They've been in Phoenix for forever. When SF said "hey these are untested go somewhere else" Phoenix said "you can run us over as long as it's cheap!"

itsjustme10

The notion that robotaxis will swoop in and save the company is so fucking dumb too. We already have robo cars in various cities and people HATE them. They are constantly vandalized and cause traffic problems. I believe SF has already started pulling back on them because they were causing traffic issues. Pair that with an already damaged brand PLUS people are going to have to volunteer their OWN CARS for this.

Purple_Degree_967

Right. SF’s streets have dozens of Waymo’s testing automated driving. Where is Tesla even?

Brewmentationator

I'm literally in SF right now. Trying to find my hotel was a nightmare, what with all the 5 and 6 way intersections that also have light rail tracks running through them. But these Waymo cars are just trucking along, all chill. They do creep me out though.

Odric_storm

How the fuck is anything other than SF ‘backwoods locations’?

adm_akbar

There is no way they only have 700. I've seen like 700 on one trip to SF.

adm_akbar

Yeah, they were everywhere when I visited SF a few months back.

tatonka805

5miles in SF?... try, 300 feet.

mt8675309

They’re very polite, even at crosswalks here in SF.

Jhat

Was just in SF last week visiting, Waymo's are everywhere honestly. Very ubiquitous. I'm curious how much it's eating into Uber/Lyft in the city and was surprised to hear they are generally the more expensive option too.

novasrevenge

I mean in all fairness SF is 7x7 miles 😆

nbren_

"it can drive 50 feet in the factory" and waymo can drive up a 40 degree incline hill on a rounded road in SF and follow traffic laws better than a human can 

jccaclimber

If even that. My commute is 2 miles across SF and it would be an odd day of if I didn’t see at least 5 to 10 of them during daytime hours.

october73

You saw them run empty the past 2 years because for the most of those 2 years, they weren't offered for rides. Rides only started late last year, so it's been less than a year. I see people in them pretty often in SF. Those empty cars weren't just rides that weren't sold. They were testing.

Sweet_Baby_Cheesus

When I was in SF last year we exclusively used Waymo over Lyft or Uber. The extra couple bucks was worth no chit chat or obligation to tip. Plus getting driven around by a driverless car was fuckin cool, not to mention no erratic driving like I usually get from Uber drivers.

mimeticpeptide

To be fair though 5 miles is like 3/4 of the way across SF

Significant-Dog-8166

I swear 90% of the people here are in such backwoods locations that they don’t even know Waymo is already doing business as a driverless cab company. “Oh if only Elon could get his brilliant idea of driverless cabs to market first…”. TOO LATE. Waymo isn’t in testing phase, it’s here in California, running all over the place. You cannot travel 5 miles in SF without seeing one.

MikeFromTheVineyard

You’re not wrong that people feel this way, but the sheer amount of non-voting people in America is enough to swing elections even in these places. If America had compulsory voting, the entire political system would be upended by the new reality. You see some places have extremely high voter turnout while others are extremely low. Even super-homogeneous places can have high voter turnout. SF is like 85 democrats, and still has an 80% voter turnout.

lesarbreschantent

It's literally in the quote in my post: 5% per the SF Fed.

platinumarks

Definitely with all of those NYC, Chicago, SF, etc. backyards with room for gardens

Flashy_Leather_2598

You don’t see affordable housing developments because they aren’t profitable. They require them all the time in SF and guess what — nobody wants to build them because it doesn’t make financial sense. Your proposal will just exacerbate that problem.

Actual_Load_3914

Thanks, I do agree there are so many bots out there these days. As to the current situation in USA, I think US is in a much better position than you seem to believe. It still has the strongest economy in the world and is by far the richest country. Actually, I don't even think the lack of manufacturing (not completely lacking, it's still the 2nd large manufacturing country behind China) is a big deal except if US get into a hot war with China, in which case, not able to produce ships, planes and drones fast enough would probably be a real issue. However, in normal circumstances, US is already near full employment, how is it going to be able to get the man power to do more manufacturing? Something has to give, so it won't be bring manufacturing back, it needs to be give up XYZ so we can do manufacturing, what would that XYZ be? Additionally, US actually has terrible basis for many of the manufacturing Trump wants to bring back due to high labor cost, lack of complete supply chain, lack of talent and expertises in engineering fields, especially the hands on ones. For example, the reason why almost all electronics in the world are now designed near Shenzhen is because the supply chain there is so much more efficient than anywhere else. A board design can turn into a prototype in a day or two, the same task in US (say SF) would take 2 weeks and cost a lot more. So in the time where a US company does 5 iteration in design, Chinese company can do 20.

FogCity-Iside415

Oh man, I hate him. I'm from SF and I blame him mostly for the 49ers leaving which I know, sounds really simplistic but Candlestick park was a huge part of my childhood and so much of SF is gone now after 5 waves of gentrification. Anyway, I think people could get Trump fatigue, he's the best democrat I see right now, (maybe Shaprio is better) and being from California and the fact we import so much from China, I could see him having a " We are The World Moment" and it getting legs. But again, hate that guy.

ninviteddipshit

And the new driver claims that he is the best driver in the world, but hasn't actually driven anything ever, except once as a kid when his rich dad bought him a bumper car track for his 10000 SF bedroom which he had removed immediately after he was bumped by his 4 year old cousin. "How hard can it be?" He asked as he pulls up his silken and overflowing adult diapers and looks around for the "go" button.

TomHomanzBurner

Yea Waymos in SF are awesome.

Spicyboi981

I guess our equivalent is NYC first world, SF second, Mississippi third

spoonybard326

Highly dependent on where you are. I would anticipate I-5 between SF and LA getting much better. Conversely I-35 between Minneapolis and Duluth hardly has any trucks as it is.

Sinnersprayer

Doesn't matter. Lot of them do yearn for some societal collapse/zombie apocalypse because they have main character syndrome and think they are going to be, well, the main character. You could be loaded up to the teeth and Tier-1 SF trained, one wrong step in front of a window, tired and slept at the wrong time, or some weird stray one in a million piece of shrapnel the size of a BB and its lights out. Dying a casualty in a first world country with near immediate hospital access to modern medicine status sucks enough. Dying in the rubble of what used to be a home with no access to anything and no hope of treatment, medication, or even morphine to dull the pain as you drift off is worse.

Single-Paramedic2626

1: he didn’t suspend all travel from china 2. He downplayed the virus early on an democrats pushed for additional funding and protections, yes they made their speeches and called him racist, but they also said he wasn’t doing enough and pushed for funding, that’s all they could do 3. The media’s role is to amplify the message being pushed by leaders; I was working in SF and living in NYC when COVID started, trump had zero messages about “awareness” that’s why Cuomo ended up getting so much attention, cause he was the only one who was trying to raise awareness. National politicians (both sides) were more concerned with the 2020 election than raising awareness. Point is, just don’t think your previous post accurately reflects what happened and downplays how inept the trump response was. People called him out for being racist, cause most of his messaging wasn’t about awareness he was playing politics.