While doing a study on housing in San Francisco, Tony and his team noticed a huge supply constraint of viable, affordable housing for students in the City.
San Francisco’s population has 68% of renters. The new tech boom has created further overwhelming pressure on the housing market and as a result skyrocketing rentals. The affordable end of the market namely student housing, has not been immune from this pressure. With over 110,000 tertiary students, San Francisco is a hotbed for language schools, Art Institutes, Music Academies and graduate and under graduate degrees. A large proportion of the student population come from out of town and overseas, excited to come here only to find housing extremely over priced and /or unavailable.
Latitude 38 group is now focused on being the leading provider of safe, clean and convenient accommodation for students, Interns and short terms stays. We serve schools and companies especially tech to fulfill their housing needs. Our Housing Services team led by Mariya Nesheva, is now developing a full service platform to create a living experience that befits the standards and qualities of San Francisco.