San Francisco Housing Bubble Goes Subterranean: $500/Month To Live In A Crawlspace

While housing bubbles around the world are imploding from a sudden withdrawal of foreign capital (most recently exposed in Manhattan's 9-year high vacancy rate) there is still an excess of greater fools clinging to their unicorn dreams in the Bay Area to keep San Francisco home prices exuberant and rental costs through the roof... or in the case of this unbelievable Craigslist offering - through the floor...

Located just off the intersection of Pine and Divisadero (a nice area of the city)

There is this gem...

As the generous landlords explain...

With rent skyrocketing in San Francisco, desperate times call for desperate measures and we recently came up with the idea to rent our crawl space out to cash strapped young San Franciscans.

 

 

We aren't going to sugar coat this, as you can see by the photos, this is a basement crawl space and the ground is un-even. My roommate Neil has agreed to help out and level off the dirt crawl floor and we have some scraps of rug to throw down.

 

 

There is a decent amount of room for a mattress and night stand and you can keep a dresser in the garage. You will be able to run an extension cord into the crawl space for light and the garage provides decent heat for those chilly SF nights or feel free to bring in a space heater.

 

Since you'll have access to our bathroom and kitchen, we don't want any slobs! It would be great if you were also in tech so that we can talk shop but that is not a deal breaker, perhaps you are a founder still looking to get that seed round and this is all you can afford!

About The Landlords...

We are two 20 something start-up guys and like to have fun but are serious about being a part of the next big unicorn company. We like to go out on the weekends in North Beach, SOMA, Marina (Tipsy Pig!) and venture out of the city to Tahoe for some fresh pow pow and Napa on occasion.

 

We'll be hosting an open house this weekend to pick our next crawlspace housemate!

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Thank you Ben, Thank you Janet!!! This is what you have wrought!