UnFacconable
Distinguished Member
- Joined
- Jan 22, 2007
- Messages
- 3,404
- Reaction score
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Took my son to get Korean fried chicken sandwiches from um.ma in the Inner Sunset yesterday because he saw something online about how insanely hot they are. We took them down to Crissy Beach, ate and immediately jumped back in the car to go to Safeway for a gallon of milk. Objective achieved I guess.
I live fairly close to there and have been to a lot of the restaurants but never Umma. Will have to check it out soon!
Been waiting for my tenant to move out of a condo I have down there. Finally gave notice this week and I'm planning to list in July. Not feeling great about it but it's not exactly a great time to rent it either.
She was originally going to vacate in December but agreed to stay until February and then ultimately stuck around month to month until now.
Whoops.
I sure hope you're right sugarbutch. My condo listing is a disaster and renters are in short supply. I do think we're looking at a severe overcorrection and that it's likely we do not see quite as drastic a shift to permanent WFH as many have predicted. A lot of the bigger companies like Google and Facebook are planning to have their workforces return. I would expect in the long term this is worse for commercial real estate than residential.
Finally rid myself of the condo. Ended up making out okay all things considered but it was a bit of a brutal process with months of little to no activity. Fortunately one person really liked it, and, as with many other things, all it takes is one.
I guess the good news is that I still feel confident that if I wait a bit to invest, the stock market will outperform the real estate market my condo was in. Won’t make up for the drop in value I had to accept due to COVID, but felt like this was the right choice. The purchase market appears to be rebounding now but the rental market is still dismal.