[jyl]

Stories I've heard lately from friends in SF.
- Family is renting a house a couple blocks north of the Presidio. Rent is $6,400/mo. They consider themselves lucky. Market rent would be $12,000/mo.
- Couple bought a 1800 sq ft SF house with a small basement unit. They rent out the basement part for $5,000.
- $2.5 MM houses for sale in SF are shown for 2 hours, then binding offers must be submitted in 48 hours. No contingencies, no inspections.
- Bunk beds in a room with 2-3 other people, strangers, are renting for $700/mo.

This is insane.