There is an apartment house under construction on San Pablo Avenue at Jones Street called Jones Berkeley. It’s big. It contains 170 apartments and covers a whole block. They are renting apartments there now. Studio apartments are $3,000 a month. 2 bedroom apartments are $4,800 a month, and 3 bedrooms are $6,700 a month. Jones Berkeley. These rents are typical for the new buildings that are popping up all over town, and there are over 1,000 apartments currently under construction in Berkeley. Now – Jones Berkeley is not in a spiffy neighborhood. Across the street are auto repair shops and vacant stores. It isn’t near campus, it isn’t near a BART station, and unlike San Francisco and Silicon Valley, Berkeley does not have a lot of high paying tech jobs. There are no big tech companies or banks headquartered here. So – where do the people who live in buildings like this get the money from to pay rent like this? I can’t figure it out. Can you?