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"San Francisco 2.0" Documentary Premieres September 28 on HBO


San Francisco is London, it is Vancouver, it is Manhattan, it is places that are increasingly desirable to live in, that are becoming gated communities.”

As the natives try to encourage the techies to see The City as their community, not their playground, a backlash against gentrification has erupted.

The 'Cheapest Property in San Francisco' Is a Dilapidated Shack Selling for $350,000


It's no secret that the San Francisco housing market is ludicrous. The average apartment in the city rents for $3,500 a month, and the median housing price just reached an all-time high of $1.2 million!!
 

Berkeley Median Home Price Now $1,050,000


The median price of a home in Berkeley in the second quarter of 2015 is now $1,050,000. It was also the highest median price on record and the first time it sat above the million-dollar mark.

With homes selling an average of 19.9% over asking (all time high) in an average of 16 days (all time low), buyers hoping to break into the Berkeley market just can’t catch a break.

Why The Renting Crisis Could Get A Lot Worse

 
More people are set to spend half their income on rent.

The number of U.S. households that fork out at least half of their income on rent is set to increase by 25% to 14.8 million over the next decade.

The largest increase is expected to hit older adults, Hispanics, and single-person households the most.
KENNY TRUONG |  #FASTAGENT
CLIMB REAL ESTATE GROUP

INMAN NEW'S MOST INNOVATIVE AGENT/BROKER, 2015
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