Housing

How SF housing has become a goldmine in the last decade

San Francisco Housing
Mark Prado

The USA Today wrote a piece this week on how the San Francisco housing market has gone bonkers over the last 10 years

Anyone who bought a house a decade ago likely almost doubled the value of their investment, according to the report. The median cost of a home in the city is $1.36 million, up from $715,900 in 2009.

The inflow of tech workers to the region is the reason why the prices have skyrocketed, according to the report.

Home prices did fall recently, but only by a tiny fraction. The dynamic in San Francisco and the region has prompted a look at more affordable housing

 

 

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