California housing bubble

The renter market in California is collapsing on itself and the real estate bubble will burst within the next year.

California ranks high on everything housing to transportation. When living in the Bay Area I lived with a friend and 16 other people I only had to pay $400.00 a month with full amenities and to get to work I had to $198.00 to get to work a month now that’s a good price for California but other people weren’t so lucky.

SRO
$833

micro studio
$1100-1600

studio efficency
$1400

1 bed room
$1895-3600

the cheapest rentals are actually hard to comeby and there are some who are renting rooms for 1100-1500 for A Room. this is all in the city if you live in south of sf it gets cheaper but your further away from civilization and transportation think Jamaica Queens,Westchester New York and Castile hill in the Bronx. It’s gotten so expensive in San Francisco that it’s become a corporate housing town so unless you you work for a corporation like The major social media companies you’re going to find a hard time finding a place it gets worse as you go to east and South Bay Antioch and Oakland are getting more and more gentrified with hilltop being its next target you still have outer cities/ micro towns like el sobrante, San Pablo, north Richmond, Pinole, Hercules, rodeo, Vallejo, Middleton Fairfield and Antioch’s micro cities.

Since The housing bubble is bursting along with the renters market start investing in Foreclosures and rental property Where you can build a Business CO-Op and become job creators where you can hire veterans, homeless, minorities and minors and work with communities outreach and drug rehabilitation groups to assist recovering drug addicts and single parent households.

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