Comments on: How Small Is Small? http://blog.redfin.com/sfbay/2008/08/how_small_is_small.html Redfin Bay Area Sweet Digs Tue, 07 Feb 2012 16:59:16 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: waste http://blog.redfin.com/sfbay/2008/08/how_small_is_small.html/comment-page-1#comment-6629 waste Fri, 29 Aug 2008 20:51:44 +0000 http://blog.redfin.com/sfbay/2008/08/how_small_is_small.html#comment-6629 Susan, add in closing costs, 1% annual maintenance costs, and subtract the mortgage interest deduction and the units are even more expensive. But Studios are usually a fairly short term stay (not more than 2years), thus factor in more closing costs and moving costs than the renting equivalent. Purchasing a tiny studio is impractical when most folks eventually partner up, or will shortly crave more space. Susan, add in closing costs, 1% annual maintenance costs, and subtract the mortgage interest deduction and the units are even more expensive.

But Studios are usually a fairly short term stay (not more than 2years), thus factor in more closing costs and moving costs than the renting equivalent. Purchasing a tiny studio is impractical when most folks eventually partner up, or will shortly crave more space.

]]> By: David http://blog.redfin.com/sfbay/2008/08/how_small_is_small.html/comment-page-1#comment-6409 David Tue, 26 Aug 2008 23:13:27 +0000 http://blog.redfin.com/sfbay/2008/08/how_small_is_small.html#comment-6409 Susan, I was talking about the SF studios. 250 sq ft for $279K=more than $1000/sq ft. Susan, I was talking about the SF studios. 250 sq ft for $279K=more than $1000/sq ft.

]]> By: susan.brady http://blog.redfin.com/sfbay/2008/08/how_small_is_small.html/comment-page-1#comment-6399 susan.brady Tue, 26 Aug 2008 22:49:12 +0000 http://blog.redfin.com/sfbay/2008/08/how_small_is_small.html#comment-6399 David - that's actually a London apartment of 62 sf, not Manhattan. David – that’s actually a London apartment of 62 sf, not Manhattan.

]]> By: David http://blog.redfin.com/sfbay/2008/08/how_small_is_small.html/comment-page-1#comment-6397 David Tue, 26 Aug 2008 22:10:32 +0000 http://blog.redfin.com/sfbay/2008/08/how_small_is_small.html#comment-6397 No, the question is why would anyone spend that money (>$1000/sq ft) to live in SAN FRANCISCO????? Again, those are Manhattan prices. San Francisco is not Manhattan, again, and is inferior on just about any kind of objective "city living" measure I can think of, except possibly weather. San Francisco is going to come down. Sooner rather than later. No, the question is why would anyone spend that money (>$1000/sq ft) to live in SAN FRANCISCO?????

Again, those are Manhattan prices. San Francisco is not Manhattan, again, and is inferior on just about any kind of objective “city living” measure I can think of, except possibly weather.

San Francisco is going to come down. Sooner rather than later.

]]> By: susan.brady http://blog.redfin.com/sfbay/2008/08/how_small_is_small.html/comment-page-1#comment-6393 susan.brady Tue, 26 Aug 2008 19:43:08 +0000 http://blog.redfin.com/sfbay/2008/08/how_small_is_small.html#comment-6393 Somehow I don't think that 62 sf apt would pass muster in the states. And $247/week? wow.... Somehow I don’t think that 62 sf apt would pass muster in the states. And $247/week? wow….

]]> By: ness http://blog.redfin.com/sfbay/2008/08/how_small_is_small.html/comment-page-1#comment-6390 ness Tue, 26 Aug 2008 18:05:01 +0000 http://blog.redfin.com/sfbay/2008/08/how_small_is_small.html#comment-6390 These apartments are mansions compared to <a href="http://www.sfgate.com/cgi-bin/object/article?f=/gate/archive/2005/05/25/dip.DTL&o=10" rel="nofollow">this 62 square foot apartment</a> in London. These apartments are mansions compared to this 62 square foot apartment in London.

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