Post Profile

San Francisco rent is so expensive a law firm bought a $3 million plane to fly its people in from Texas instead of having them live there

San Francisco's median rent price is $4,450, nearly three times the median rent in Houston, Texas. Instead of hiring expensive local talent in the Bay Area, one Houston-based law firm flies its lawyers in on a private jet once a month to meet with clients. The firm uses the jet — which costs $2,500 an hour to operate — as a tool for recruiting top talent. Rent and home prices in the Bay Area are so high, one Houston-based law firm found an alternative to hiring expensive local talent: Buy a private jet.
read more

See more about: San Francisco Bay Area

Related Posts

Bay Area rents tumble, except in Concord

Business & Finance / Real Estate : Curbed SF

Price way down in San Francisco since 2016 Rental site Zumper on Wednesday ranked Bay Area cities to see where median apartment prices had dropped the most year over year. Rents in the Bay Area are, of course, still highest in San F...

Tech real estate driven mania: San Francisco median rent is $3,200 and typical home now costs $1,000,000: The hollowing out of the middle.

Real Estate / Real Estate Industry News : Dr Housing Bubble

The rent is too damn high in the Bay Area. I’m sure many families in the Bay Area utter this on a monthly basis as they send their rental checks to their landlords. The median rent in the Bay Area hit $3,200 in the first quarter of ...

San Francisco Bay Area median home price sees record jump

Real Estate / Real Estate Industry News : Inman News

Home sales in the nine-county San Francisco Bay Area fell 9.4 percent year over year in June as the area’s median home price saw its biggest annual gain on record. Area homes sold for a median $555,000 last month, the highest...

Did San Francisco real estate values hit a peak? Only 11 percent of San Francisco households can actually afford to buy a home at the current median price in the place they live.

Real Estate / Real Estate Industry News : Dr Housing Bubble

It is hard to believe but home values in San Francisco have doubled in a matter of four years.  Since 2012 the typical San Francisco home went from $600,000 to $1,200,000.  The Bay Area is under a tech based hypnotic spell and forei...

Bay Area's soaring housing costs driving away high earners, too

Business & Finance / Real Estate : Curbed

New study of migration and incomes show price pressure creeping up San Francisco’s socio-economic ladder. Reporting about the rising real estate and housing costs in San Francisco and the Bay Area isn’t exactly breaking news. But a ...


Copyright © 2016 Regator, LLC