One stat reveals the absurdity of San Francisco’s pricey housing market

in #realestate • 6 years ago

San Francisco was one of the leading cities in the world when it came to the appreciating price of real estate. Over the past decade, you will find few places that appreciated more than the Bay Area.

What makes San Francisco so hot is the fact that many tech workers are moving in with their high salaries. This forced prices up higher to the point of unaffordability but for the most elite.

81% of San Francisco homes are worth $1 million or more, vs. U.S. average of 4%

This is by far the highest ratio in the nation.

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#housing #sanfransisco #market #sharingcontent
6 years ago in #realestate by
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     6 years ago 

    Great post!
    Thanks for tasting the eden!

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       6 years ago 

      You got a 68.06% upvote from @emperorofnaps courtesy of @steemium!

      Want to promote your posts too? Send 0.05+ SBD or STEEM to @emperorofnaps to receive a share of a full upvote every 2.4 hours...Then go relax and take a nap!

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         6 years ago 

        You got a 68.84% upvote from @minnowvotes courtesy of @steemium!

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