Bernal Heights is famous and glamorous, and that’s generally a good thing; With our so-hot-right-now reputation comes new amenities, new accolades, and VIP invitations to all the right parties. But there are also downsides to our celebrity status, and increased housing costs are one of them. Specifically, the rents are too damn high — and they’re getting higher.
Our real estate-obsessed friends at CurbedSF bring the jaw-dropping news that the average price of rental housing in Bernal Heights increased by 65 percent during the last year:
Now, there’s room to quibble with this analysis, which was conducted by LiveLovely, an apartment-hunting website. As one sharp commenter on CurbedSF points out: “The people who did this survey need a basic course in statistics. You cannot compare without taking into account the size, the area (of the unit), etc. A new construction with a dozen apartments on the high end can quickly skew the stats.”
Quite true. On the other hand, Bernal’s housing stock has remained largely unchanged, and as a basic benchmark, the +65% figure probably feels anecdotally right to anyone who has looked for rental housing in Bernalwood recently. Ouch, indeed.
IMAGES: via CurbedSF