Why many Bay Area renters are locked into the rental market


If you’re a renter in the Bay Area, the prospect of becoming an owner may be dwindling.

Real estate information site Zillow found that rents are moderating in the Bay Area with a 0.6 percent year-over-year drop to a median of $3,399 in San Francisco and a 0.9 percent drop to $3,499 in San Jose.

Across the country, rents fell for the first in six years by about 0.2 percent, Zillow found. That may seem miniscule, but the change indicates that the rental market is starting to soften after years…

Previous Guest Opinion: The questions not being asked about San Francisco's homelessness problem
Next Our view: Prop. 5 on November's ballot would entrench the worst parts of Prop. 13's legacy