American affluent homeless learned to beat high cost of living

By
Real Estate Agent with (408) 425-1601 CA bre 1519182

                                                                                    Sam Shueh

                                                           Realty One Group

                                                             San Jose, CA

 

When I was in college the janitors on campus told me there was a graduate student using auditorium as his dorm.  He slept in the back until the janitor was ready to close the building. At work my senior clerk told me he packed his belongings put inside his trunk and slept on the fraternity house sofa. He ate there for free. If get caught he would go to another frat house in Evanston, Illinois on Northwestern University campus. Both had jobs they managed to make ends meet. One was a teaching assistant. The other was a beginning professional trying to start his career in government service.

 

Fast forward, I learned that is becoming popular in most urban where there is a shortage of affordable housing.

 

In Los Angles there are these rooms for rent. PodShare is a popular one. This is a very clean place that provides basic amenities for the professional working people. Cost a month rent is $1400 and it offers more than renting a room.  They come with shared kitchen, laundry room, TV, wifi and some even have a view of beach in high rental cost neighborhood. PodShare has 5 places so one can hop around if there is a vacancy.   Other go for more barebone pod.  There has been studies and find many do not mind a simplistic approach of life. Most own 30 items. In fact, young professionals are more opt to store their belonging digitally in the cloud. As mentioned here Johnson is a business owner. He even trashed his backpack and rent an office by the hour and use gym to do his launday. His has a suit case, a bike and is content with his life style.

 

Here in Silicon Valley there has been several blogs posted by myself. Some live inside a boat, a converted truck. Some decide to get a recreational vehicle and live in places like Palo Alto, Mountain View as this photo suggests. 

 

San Jose Hg News RV in MV

                                       Source: San Jose Mercury News

 

Companies like Google provides meals for free. The dental care, dry cleaners, barber shop, massage are all around the campus within walking distance. The only service not subsidized or provided is housing.  A RV would be a great alternative to beat high cost of housing. For a two bed condo with some amenities the going price has doubled and half (2.5X) since the Great Recession. Most are going just under $1,000,000.00 with ~$500.00 HOA fee on top.  They are not great rentals as some investors are losing $2,000 a month hoping for stellar further growth.

 

If you want to know more about Silicon Valley housing and where to buy please check out my site or call. 

 References: 

Sam Shueh Realtor Google Map

 

Sam ShuehRealtor 

 I've called San Francisco South Bay home for over many years. We love this area and all it has to offer, and I enjoy sharing what I know about homes.  I documented in several books about Silicon Valley history.

I have much expertise in real estate and technology...please give me a call. 

SamShuehRealtor@ Gmail.com0

Prediction of 2018 Silicon Valley Real Estate 

Silicon Valley Realtor Sam Shueh Website   Phone (4-O-8)  425-1601 

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Rainmaker
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Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce

This is a very interesting concept and  not one we have here in Wisconsin...and some should probably research.Our housing costs are much lower and there is not as much of a need.

Apr 29, 2019 05:58 AM #1
Ambassador
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Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Sam- what a shame- I've read about this in Silicon Valley where the cost of housing is so great that employees have to live in their cars. 

Apr 29, 2019 06:32 PM #2
Rainmaker
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Sam Shueh
(408) 425-1601 - San Jose, CA
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Kathy Streib 

Yes, I just saw a homeless group moved to an industrial neighborhood evicted from a downtown ramp. They are mostly from out of state residents coming here for warmth, Chicago is snowing. Here is 70 deg heaven for anyone.

Apr 30, 2019 07:06 AM #3
Rainmaker
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Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

I hear "couch surfing" is becoming the norm for many people these days.

May 23, 2019 09:51 PM #4
Rainmaker
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Sam Shueh
(408) 425-1601 - San Jose, CA
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Georgie Hunter R(S) 58089 

I start seening homeless sleep inside senior centers with their cats. This used to be a rural town (not urban) with no homeless presence. One was escorted out after she took a shower, ate and snorted on the couch.  Oh, well. How is homeless situation in HI?

May 24, 2019 08:27 AM #5
Rainmaker
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Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

Sam Shueh They say that Hawaii has one of the highest rates, and I can understand why - if I was going to be homeless I would want to be in HI, where you don't have to worry about freezing to death, and you can camp near the beach!  It almost looks appealing... just kidding. 

May 27, 2019 07:16 PM #6
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