Top 10 reasons why you SHOULDN'T move to San Francisco

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Why in the world would you want to live in San Francisco? San Francisco's a dense, busy, bustling city with the challenges and problems of many major cities. Much like New York City, Los Angeles, Portland, Seattle, San Francisco has all of the difficulties faced by urban areas today. High cost of living, crime, parking, traffic problems, and of course homelessness. There's also a lot to love about living here. When deciding whether or not to move to San Francisco, here are 10 things that you should consider. let's get right to it. Everyone has heard that San Francisco is full of crime and homelessness. Lately, when I'm traveling people ask where I'm from and when I say San Francisco, they say, "Oh my God, Is it as bad as they say?" Okay, so let's start with crime. You can't open up a newspaper without hearing that San Francisco is a super dangerous place and you'd think that you're going to get stabbed walking down the street. There is definitely crime in San Francisco. Smash and grab crime is actually at an all time high. And one of the things that you learn very quickly living here is that you don't leave anything visible sitting in your car. In fact, sometimes whenever we're traveling out of town and we have stuff in the car, we wait to leave town before we stop and try to get something to eat if there's stuff in the car, Believe it or not, San Francisco actually has lower rates of violent crime than Houston, Seattle, Dallas and New Orleans. So let's talk about homelessness. Homelessness in San Francisco is a real thing as it is in a lot of cities and a lot of it is actually tied to the drug crisis. Fentanyl is a real problem. There's actually been 845 deaths, which is the highest ever in San Francisco to date. But what I will say is that the city is working hard to try to solve this crisis. And all of the residents are definitely rooting for the city to get this under control. So though homelessness is definitely a problem, it is concentrated to some specific parts of San Francisco. So why does it cost so much to live here? So one thing is just the simple rule of supply and demand. So San Francisco's only seven by seven. And that's seven miles. by seven miles. It's a pretty small city that actually is really, really densely populated. We also have politicians who want to have more housing, but at the same time, everybody wants the city to look a certain way. So there's a lot of historically protected buildings all over the place. Everybody loves the Victorians and the Edwardians and they don't want to mix a bunch of skyscrapers in between them. So a lot of the city is actually capped in terms of how high you can build. So certain sections of San Francisco, you can build high rises, but in most of San Francisco you cannot. The other thing is that, you know, the housing stock is very different. So if you go to a place where there's suburbs, I don't know, let's pick on Dallas for a minute. You know, a lot of the homes are probably the same. So maybe you could show up to a place like that and see six or seven homes that are relatively the same and pick one. Here if you were to see six or seven homes in a certain price point, they would all be dramatically different and dramatically different neighborhoods. Additionally, there really is just a lot of cash running around in San Francisco. So San Francisco, including Silicon Valley, actually rate number three for for most wealthiest cities in the world. I think according to a report I read, there was about 62 billionaires, that's with a B, that live in San Francisco. And there's about 600,000 people that are worth close to $100 million or above. So when you're competing with a lot of cash offers and a lot of money and people that really have the means to drive up and get whatever they want, that's also going to raise the prices. Before we continue, if you're interested in learning more about San Francisco and what it's like to live here, make sure you subscribe to our channel. We talk to people just like you every day who are looking to make a move here. So give us a call or send us an email. We'd love to chat with you. So you're probably hearing that everyone is leaving San Francisco. And definitely it's true. San Francisco has lost about 7% of its population since the pandemic. There's a lot of people that moved out due to just being able to work from anywhere. There are some people who moved out based on taxes, especially very, very high income earners. But 7% isn't nearly as high as the headlines would make you believe is happening. Also, you know, downtown is quieter than it's ever been before. It's emptier than it's ever been before. We're starting to see some people come back to the office. Finance has been back for a long time. Tech is slower to come back than we'd like to see, but it is happening and I do think it's going to happen more and more. There's a lot of tech companies who are demanding that their people be in the office 3 to 4 days a week. The other thing that is happening downtown is that with all of the vacancies come a lot of opportunity. Like a lot of the companies that were in these buildings, they built them out beautifully and they have great views in these big, tall buildings of the bridge and the water and other buildings. And it's gorgeous down there and everything's on sale. So it's a great time to get a commercial space. And we're starting to see some air companies specifically moving in downtown. And I think that it's going to it's going to create space for some other businesses that couldn't afford to be down there prior. So how's traffic? Be prepared to sit in traffic. It's a normal part of city living. Parking in San Francisco can also be a nightmare in certain neighborhoods. And if you're lucky enough to have a driveway or a designated park parking spot, it's a total game changer. There is definitely a reason that Lyft and Uber are readily available here. Not to mention the increasingly popular self-driving taxis. We also have many options for public transportation, and that allows people to move throughout the city with relative ease. We have bike lanes and car free streets where many people enjoy using their bikes to get around town. Let's talk about weather. So San Francisco is not hot. If you're looking for heat. Hot beaches, all of that stuff. Then you're in the wrong spot. You need to go to Southern California. The average temperature in San Francisco year round is right around 67 degrees. And there's definitely some fog. There's a quote by well, people say it's Mark Twain, but nobody really knows if it was Mark Twain that says the coldest winter that I ever spent was my summer in San Francisco. It was probably a resident. Our best months are actually September and October. I don't know why, but those are always the sunniest, best, months. Winter times here they can be sometimes wet, but really, this is California. We have droughts all the time, so. But if we're going to get a lot of rain, it's usually going to be in January But if you do want to have a hot summer day, you can jump in the car and drive 30 minutes to pretty much any direction and it'll be really pretty nice and warm and you can jump in the pool. All right, So let's talk about earthquakes. Clearly, we have a reputation for having a lot of earthquakes around here. We've had two major earthquakes, obviously, the 1906 earthquake. Obviously, there was a 1906 quake and then in 1989, there was the Loma Prieta quake. We've learned a lot about earthquakes and a lot of our housing stock was actually built prior to 1906 and is still standing. I'll be honest. I don't think a lot of residents spend a whole lot of time thinking about earthquakes. According to the U.S. Geological Survey, there's a 63% chance that we will experience a quake 6.7 or higher over the next 30 years. And certainly we do have buyers who really want to talk about the structural integrity of homes. And there's varying degrees of structural integrity in homes. And we can walk you through that. Also, the land underneath the homes in San Francisco is different. Some of the land is in liquefaction, which tends to move a little bit more. We have a whole video on that. And some of it is on bedrock. And so depending on what kind of land that the home is sitting on, you may or may not want to buy that house or you may want to look a little bit more into how structurally sound it is. So the next thing I'll talk about is something called the grind. Sometimes living in San Francisco can feel a little bit more about work than it does about play or just unscheduled do nothing time. Many people here work really long hours, and that can be ingrained in the culture of some of the companies based in the Bay Area. I think most people I know have jobs that they really love and they do their best to integrate their work rather than balance that. This intensity is part of what actually initially attracted me to moving here and has certainly propelled me ahead in a very rewarding career. But I have to admit sometimes it's nice to get away from it all and decompress. And of course, you can decompress right here in the city. The Bay Area is more active than many places in the world. According to an article published in USA Today, San Francisco actually ranks 13 for the lowest obesity rate in the country. This is a super active place to live. Growing up in the mid-west, I thought if someone ran a marathon, they were like superhuman or something. Here in the Bay Area, the kinds of physical activities that your everyday Joe does is honestly, like super mind blowing. Lauren on my team, she actually ran seven marathons on seven continents in seven days. I just let that sink in for a minute. Crazy, crazy, crazy. I know so many ultra marathoners. I didn't even know what that was prior to living here. I think it's like running 150 miles or something. So next up, hills. So San Francisco's really hilly. Whether you're driving or walking, you're going to find yourself on some really steep hills. Can take a while to get used to this, Which means that practicing, if you have a stick driving your car or building up those calf muscles is a must. I love hills. I walk up a mountain every single morning, but it's not for everyone. With steep hills come extraordinary views. There's no shortage of breathtaking views in the city, and they're usually on top of a hill. So you probably heard something about schools in San Francisco. Many people find our private and public schools difficult to navigate. Our public school admissions are determined by a lottery. Some people think that's awesome because they have a lot of choices, and other people find it a little crazy. Private schools require you to go through an application process. Both of these lottery applications, they're really time consuming and there's no guarantees that you'll end up in the right place or in your favorite place. However, there are a ton of different kinds of schools here, and there's a lot of options. And some of those people really appreciate being able to find a school that's very tailored to their child and their needs. So, to wrap all of this up, I came to San Francisco right out of college, and I was looking for a city with diversity. And people who are open minded, active, had a lot of entrepreneurial spirit. And I have to say, I found all of that. I made it my home. I started my family and I'm raising my two boys here. It can be challenging to live in a city like San Francisco, but if you're looking for a rich cultural experience, plenty of parks and the opportunity to live in a world class technology hub, it may just be the right place for you. Watch our neighborhood vlogs and see what area might be a fit for you. If you have questions, we want to be here for you. You can comment, email or call us. Details are in the comments below. Whether you're considering a move to San Francisco or already live here we'd love to be your go to real estate resource. It's actually pretty small, and it's dense, densely populated. It's actually pretty small, and it's dense, densely populated. Can you scroll it down? Just a. Can you slow it down? Just a touch. Yeah. Okay, Scroll back on. Okay. So, San Francisco is a city that's only seven by seven, seven by seven miles. It's quite small and it's densely populated. San Francisco politicians say that they want more housing for everyone and they also want to keep San Francisco. All right. Sorry. Scroll back down. I'll start that whole part over again. Okay. So, yeah, so San Francisco is a city that's only seven miles by seven miles. It's actually pretty small and it's really densely populated. San Francisco politicians say they want housing for everyone, but they also want to keep San Francisco looking a certain way. Part of what makes up the charm of San Francisco is the beautiful Victorian and Edwardian architecture, much of which is historically protected. There's also height restrictions that keep the inventory low because big housing complex, this can't be built up over single family homes. Let's go back down. Okay. Yeah. The housing stock in San Francisco is also very different, as opposed to someplace like Dallas where it has all kind of the same cookie cutter homes. So if you want to have a particular kind of house in a particular neighborhood, competition for that house is often really high, which can drive prices up. To top it all off, there really are just a lot of cash buyers floating around the Bay Area. According to CNBC, the San Francisco Bay Area, which includes Silicon Valley, rounds out the top three wealthiest cities in the world with about 300,000 rich individuals. Sorry, scroll back down. So are you following? Yes. If you start to see it, go to the top. Can you just pause it? Because it'll give me a chance to catch up so I can kind of stay like a certain pace with me. Like if you start to see that where I'm at is at the top, if you pause it, then I it'll give me a chance to catch up so I don't have to look, I keep telling you to stop. Does that work? Are. You can't tell it. Are. You can't tell. Okay. You can't see. Okay, No problem. That's fine. All right. Sorry. Yeah, that's fine. Yep. To top it all off, there really just is a lot of cash floating around the Bay Area. According to CNBC, the San Francisco Bay Area, which includes Silicon Valley, rounds out the top three wealthiest cities with about 300,000 rich individuals, 13,000 of whom I think is in the wrong numbers. Go back down. 300,000 or. Yeah, okay. I did say the right number. Let's go back now. I'll just start over. Okay. Yeah. To top it all off, there really just is a lot of cash floating around the Bay Area. According to CNBC, the San Francisco Bay area, which includes Silicon Valley, rounds out the top three wealthiest cities with about 300,000 rich individuals, about 13,000 of who are multimillionaire owners. The report said that we have 623 have assets at at least $100 million. And there's 62 billionaires that live in the city. Scroll back on. Okay. So in addition to being competitive for homes in San Francisco, it's not unusual to compete with other buyers who are paying all cash. Okay. So let's see how that goes. Scroll back. Yeah. Okay. Father. Okay, so. All right, me. So just pause, All right? Okay. We'd love to chat with you. Okay, so scroll back down for a second. Yeah. All right. Let's talk about everybody fleeing out of San Francisco. I'm sure that you've heard everyone's leaving. And the downtown San Francisco is a mess and it's empty. San Francisco did experience some big changes during the pandemic, especially downtown. The city has a record high, 31% office vacancy rate. And sorry, scroll back down. Okay. Yeah. The city has a record high. Actually, 31% office vacancy rate and some prominent retail departures have actually drawn a lot of attention. Downtown is definitely sleepier than it has been in years past. I really do think this is temporary. The good news is that office space is on sale and many of these spaces are actually built out. Super nice. Optimists say that they hope that these trends will open up space for artists, nonprofit groups, maybe even some houses. So recently, the city has to go back down a little more. Yep. Yep. Recently, the city has seen a bit of a revival. Workers have actually been returning, though not as quickly as we would like to. The areas and sorry to go back down. Yeah. Recently the city has seen a bit of a revival as workers have been returning to work. Not as quickly as we would like. San Francisco's population is down by about 7%. You'd think it was like 150%. Sorry. Scroll back down. Yeah, it's still a little fast, I think, cause I'm trying to like improv a little bit while I'm reading, so that's part of it. Yeah. So San Francisco's population is down by about 7%, but the river is growing down. Okay, so San Francisco's population is down about 7% since the pandemic. You'd think that it was down like a crazy amount if you read the news. We do talk to buyers every single day who've left and want to come back or who are moving here from other areas to take a job in tech or biotech. So if San Francisco remains a leader and sustainability and innovation and providing that allow are so boring, I don't like this part. Uh, I'm going to improvise this and become part of something bigger than themselves. Okay. San Francisco. San Francisco definitely remains a leader in innovation and technology. And this is a place where people come to build Businesses and entrepreneurs are starting businesses all of the time to become something bigger than themselves. So another thing that's really exciting for San Francisco is I and I fully believe that AI is going to change really everything for all of us, but it's actually going to start it is starting in San Francisco, right? So a lot of the technology companies here that are developing AI are going to make a lot of money, which means that that money is going to filter into San Francisco. And I think that big things are in store for San Francisco and we could start to see a lot of businesses downtown as a result of AI. Okay. You guys okay? It's out there. All right. I would love to see some of those buildings turned into housing. I'm trying to get buildings changed in their classification, and their structure is definitely something that's not easy to do. But there's some talks about revitalizing some of those buildings for artists or college students or low income housing. So we'll see if that happens. There definitely has been some retail shops that have left, which is sad. It's sad to see like fancy shops leave and IKEA move in. I'm just not super excited about IKEA personally. But I do think that there is opportunity for some real businesses to be down there and make things happen. Can. So how's traffic? Well, I grew up in the Midwest and we didn't drive anywhere. That was more than like 20 or 30 minutes away. In San Francisco. Can you just posit. So how is traffic? Well, I mean, so how is traffic? Well, I grew up in the Midwest and a very small town and there was no traffic there. There's definitely this is a city. So there is traffic. And I think in San Francisco, in the Bay Area in general, people are really used to driving sometimes long distances. It's not unusual for my husband and I to jump in the car and drive 45 minutes to Palo Alto to have dinner with a friend and drive back. And I think in a lot of parts of the country, at least where I grew up, that was just not a thing in terms of getting to and from work. I think a lot of people can time traffic. There's certain a lot of jobs do not require you to be in. Right on the dot at certain time. So kind of waiting for traffic to wane off and driving and non commute times can be an option. Also, there is also there there is some public transportation. It could be better. We have a BART rail system and we have busses and they're pretty comprehensive. There's room for improvement on them. A lot of people take Ubers a lot. Ubers are very, very popular in San Francisco. And then a lot of people try to find a home that's really close to where they need to be. And neighborhoods in general, like in San Francisco, we have something like 50 neighborhoods, and every neighborhood has its own little downtown and own little grocery store. And it's quite possible for you to just stay in your little area within a ten or 15 minute drive from where you live versus driving all the way across the city to get somewhere. And even though San Francisco is only seven by seven. If you drove from one side of the city to the other, it could sometimes take 45 minutes, especially if there's traffic. So parking may be important to you as well. If you drive a car. Parking in San Francisco is not super easy to do. So for a lot of people who have cars, garages are really important things to have. So for a lot of people who have cars, having a garage is a really important priority for them in a home. Okay. All right. I'll read this just so we have it. I kind of improvised it early. Scroll back down. Okay. Or our gallery to how it's run. Though the public transportation system here is comprehensive. The system could definitely be improved compared to places like Tokyo, London, Paris and New York, and they have much more comprehensive network of more frequent services and it would make it easier to get around the city without a car, even though it could be improved between the BART train, muni rail, Caltrain busses and ferries. You can get where you want to go without a car, though. You have to have a plan whether there's Fisherman's Wharf or the San Francisco Zoo or San Francisco Bay and a public transit sorry, go by down. Whether you're going to Fisherman's Wharf, the San Francisco Zoo, the South Bay Public Transit, also public transit for kids is actually free. Okay. All right. So I think I kind of already there. So let's get through that. Go ahead. What about whether it can be really cold for some who are expecting it to be hot in California? They don't call it a fog city for nothing. This is northern California, not southern California. And if you're looking for a year around sunny, warm beaches, this might not be the place for you. You may have heard this famous quote, The coldest winter I ever spent was my summer in San Francisco. It's often attributed to Mark Twain, but there's no evidence that he actually said it. But someone said it and it was most likely a resident. So the weather vastly differs across town. San Francisco has what's called microclimates. You may have heard of this as well. Always, always, always dress in layers. However, because the city's location is on the peninsula and it's surrounded by water, this helps to moderate the temperature with weather reminiscent of the Mediterranean. Average temperatures are in the low to mid sixties and seventies in the summer. These tempered temperature hours mean that residents and visitors can actually really enjoy the outdoors without breaking out. Sorry. Scroll back down. Yep. These temp, these tempered temperatures mean that residents and visitors can really enjoy outdoor activities without breaking the bank on sunscreen. And while winters can sometimes be where you can always. And well, winters can sometimes be wet. You can put away the snow shovel because the average temperature in January is 46 degrees. Also, when it's raining in San Francisco, many residents know that it's snowing up in the mountains and they like to get away for some time on the slopes. So that helps us get through those rainy times. If you find yourself craving some pool time, then you can just jump in the car and drive 30 minutes in almost any direction and you'll find more typical summertime temperatures. Okay, scroll up a little bit more. Okay. Yeah, that's fine. That's good. All right. We're supposed to be doing some cool time, huh? It's supposed to be traveling from some cool time pool. Yeah, that's great. You can. You can stop it there. Okay. Oh, wait. I was going to, like, try to improvise it so you can just hold, hold, hold that section. Okay. Yeah. Okay, So So what about earthquakes? Oh, my gosh. Since the 7.9 magnitude earthquake in 1906, San Francisco has experienced a number of earthquakes, including the 1989 Loma Prieta earthquake. The United States Geological Survey estimates that there's a 63% chance of a magnitude 6.7 or greater earthquake striking San Francisco Bay Area in the next 30 years, which is something that we all try not to think about. We have learned a thing or two about earthquakes, safety and preparedness. Most of the housing most of the housing is built Some of the buildings and homes
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Channel: LIVING IN SAN FRANCISCO CALIFORNIA
Views: 11,422
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Keywords: why you shouldn't move to san francisco, do not move to san francisco, san francisco real estate, Reasons not to move to san francisco, san francisco real estate agent, moving to san francisco, living in san francisco, why you shouldnt move to san francisco, about san francisco, things to know about san francisco, san francisco crime problem, san francisco crime 2023, san francisco crime car break-ins, san francisco cost of living, why you should not move to san francisco
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Length: 12min 51sec (771 seconds)
Published: Wed Nov 01 2023
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