Wow, for once Oakland can say it beat San Francisco at something. Oakland had one of the highest apartment rent spikes in the U.S. I have always thought Oakland had great potential for rental properties. We are finally starting to see some of the rewards for putting up with ineffective city council, excessive taxes and poor leadership.
From CNN – Rental prices have indeed increased over time and in fact skyrocketed in many cities across the United States.

Oakland, CA

Lakemerrit_Oaklandphoto credit: Hitchster via photopin  cc 

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