Thursday, April 9, 2015

San Francisco Rents Too Expensive Even for a Major League Baseball Player

The San Francisco Chronicle explains:
It’s official: SF rents are silly.

When a professional athlete making a salary in millions says “No chance, dude,” it might be time for other tenants to do the same. Jeff Samardzija, acquired midseason by the Oakland A’s last year on a$5.4M contract and now playing for the White Sox, looked but never settled into anything here in the Bay Area. Despite the fact that he could afford almost anything he might desire, he chose to hotel surf during his time here instead of sign a lease.

CSN Bay Area reports that upon signing with the A’s, Samardzija “sold his property in the Chicago area” [and] “ spent half of one season living in the Bay Area, but it was plenty long enough for him to scoff at the cost of living in San Francisco.”

“I guess I could have rented a place in San Francisco,” Samardzija told USA Today, “but they were charging like $7,500 for a loft. I was like, ‘No chance, dude.”’ Instead, for apparently less than $7500 a month, he stayed in a series of high-end hotels. “I could write a review on five-star hotels in San Francisco,” he said. “Let’s see, I’d say The Four Seasons was the best, followed closely by the St. Regis. There were a lot of others tied for third place.”

(ht  Matthew Doss)

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