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Any list of U.S. cities where living costs have spiked in recent years is likely to include familiar names like Boston, Miami, New York, San Francisco and Seattle. But you'll also see a rising ...
[29] [30] Many affluent tech workers migrated to San Francisco in pursuit of job opportunities and the lack of housing in the South Bay. [30] Until the end of the 1960s, San Francisco had affordable housing, which allowed people from many different backgrounds to settle down, but the economic shift impacted the city's demographics. [29]
In 2018, the median rental rate in Silicon Valley was $2,911, the highest of any major metropolitan region in the United States. [3] At $3.20 per square foot, the San Jose metro area has the second highest rental rate per square foot in the United States, behind San Francisco at $3.42. [3]
To qualify for low-income housing in San Francisco county, a four-person household can make as much as $117,400 a year. San Francisco is so expensive that households making over $100,000 a year ...
In 2017, the median price of a home in California was more than 2.5 times the median in the U.S. as a whole, and in California's coastal urban areas, the shortage was greater than the inland areas, as demonstrated by the median prices of homes in those respective markets: $1.3M in San Francisco, $1M in San Jose, and $600k in Los Angeles, while ...
San Francisco's metropolitan area lost more residents than it attracted between 2016 and 2017, according to US census data. San Francisco's metropolitan area lost more residents than it attracted ...
The gentrification of San Francisco has been an ongoing source of tension between renters and working people who live in the city as well as real estate interests. A result of this conflict has been an emerging antagonism between longtime working-class residents of the city and the influx of new tech workers.
The iconic "Painted Ladies" Victorian houses line a street in San Francisco. The city is the second most expensive county in California for renters. A tenant must make a minimum $61.31 hourly wage ...