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San Francisco 2.0
Documentary Premieres September 28 on HBO
, it is
, it is
, 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
erkeley 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.
AL ESTATE GROUP
INMAN NEW'S MOST INNOVATIVE AGENT/BROKER, 2015