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CountAllVotes

(20,879 posts)
Tue Oct 27, 2015, 10:30 AM Oct 2015

'Million Dollar Shack' documentary looks at Bay Area's insane housing market [View all]

You've already heard the stories told in the new documentary Million Dollar Shack.

Rentals are scarce; home prices are staggering. The wealthy elite are scooping up Silicon Valley properties. These investment homes are sitting empty or rented by people who spend more time on the road than at home, turning neighborhoods into ghost towns. Members of the middle class are leaving the Bay Area in droves, searching for a more realistic reality, a place where they can actually afford a home.

Over the past decade, the media has jumped on these stories helter-skelter. This self-funded, homespun documentary on YouTube packs the insanity into 22 minutes and tells the harrowing tale through the eyes of the filmmakers, Michelle Joyce and Steve Fyffe, a married couple with two kids, who've been trying to buy a house in the Bay Area for five years.

Michelle said she and her husband, who worked as journalist before becoming a communications manager at Stanford University, decided to make the movie because, "The crazy housing situation in the Bay Area is all we talked about and all anyone we know talked about."

"We didn't have to go far to find examples of everything we show in the video," Michelle said. "Many of the people we interview in the video are personal friends. We hoped we could get a more honest conversation started about it.

"We notice stories in the media about ghost houses, rental prices and commuting, but we hadn't seen a story that put it all together. I don't think people realize all the pieces of this puzzle."

http://www.sfgate.com/aboutsfgate/article/Million-Dollar-Shack-documentary-Bay-Area-housing-6582122.php#photo-8831839

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The 20+ minute video is well-worth watching. Sad reality for renters and prospective property owners in the Bay Area and as for the natives



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This has been happening in San Francisco, Oakland, Berkeley, and Richmond since the 90's. JRLeft Oct 2015 #1
It is very bad now CountAllVotes Oct 2015 #2
I know how bad it is thousands of black people have relocated to Sacramento, Stockton, Pittsburg, JRLeft Oct 2015 #3
My late uncle was a native of Oakland CountAllVotes Oct 2015 #4
Have you seen the Temecula neighborhood lately in North Oakland, almost all of the black people JRLeft Oct 2015 #7
No, haven't been down there for a # of years now CountAllVotes Oct 2015 #10
Very few minorities reside there now. JRLeft Oct 2015 #24
My aunt had a house there years ago CountAllVotes Oct 2015 #27
Most of them will be gone in the next 20 years if not sooner. JRLeft Oct 2015 #29
Anywhere but CountAllVotes Oct 2015 #6
The city only wants an affluent populace. JRLeft Oct 2015 #9
Lee is a big crook CountAllVotes Oct 2015 #11
He's buddies with venture capitalist and Warriors owner Joe Lacob. JRLeft Oct 2015 #13
As a life long resident of SF I thought Frank Jordan was bad ED Lee is the worst kimbutgar Oct 2015 #18
He's owned by the economic elite in the bay area. JRLeft Oct 2015 #22
I filled by absentee ballot and everything he endorses I voted against kimbutgar Oct 2015 #25
Boy has he worked over Filmore, Lakeview, Bayview, and Potrero Hill neighborhoods. JRLeft Oct 2015 #26
That is where many of the junk yards, etc. were CountAllVotes Oct 2015 #28
The neighborhood of high priced parking. You can use a credit card to park there. JRLeft Oct 2015 #30
I drove though that area recently and thought I was lost I didn't recognize it anymore kimbutgar Oct 2015 #33
Temp. jobs CountAllVotes Oct 2015 #35
The housing bubble is one of the reasons we are headed for another major economic collapse. JRLeft Oct 2015 #5
Yep. CountAllVotes Oct 2015 #8
I suspect we will here rumblings of a crash in 3-6 months. JRLeft Oct 2015 #12
Who wants to live in a place that is a ghost town? CountAllVotes Oct 2015 #15
I still have family in the town, and the city of Oakland has attempted to purchase my family's JRLeft Oct 2015 #16
How many investors are Chinese looking for a safe place to hedgehog Oct 2015 #31
Quite a few, they've had investors and bankers. JRLeft Oct 2015 #34
All of Canada really Sen. Walter Sobchak Oct 2015 #37
I turned down two sharp_stick Oct 2015 #14
You must live in the valley. JRLeft Oct 2015 #17
I'm on the East Coast sharp_stick Oct 2015 #21
If you cross the Golden Gate Bridge you will find out that Marin County is worse than JRLeft Oct 2015 #23
True CountAllVotes Oct 2015 #19
The city is the 5th Ave (NYC) of the West coast. JRLeft Oct 2015 #20
When are the Silicon Valley employeers going to wise up and hedgehog Oct 2015 #32
It's is significantly a VC issue Sen. Walter Sobchak Oct 2015 #39
Our office in Burlingame is on borrowed time Sen. Walter Sobchak Oct 2015 #38
One of my colleagues just sold her grandma's teardown near Presidio Sen. Walter Sobchak Oct 2015 #36
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