Expensive Homes in San Francisco

[Jason76]

https://www.marketwatch.com/story/o...n-franciscos-pricey-housing-market-2018-11-12

In San Jose, 70% of the housing stock is valued at $1 million or more, good for second place, and in yet another Bay Area city, Oakland, 31% of homes are worth more than $1 million. From there, the list drops off sharply, with no other metro area topping 20%.

These million-dollar cities are anomalies in the U.S.: Just 3.6% of all homes nationwide are worth $1 million, Trulia found.


Of course, a major reason San Francisco has become so pricey: well-off tech workers are moving in and fighting for a limited supply of homes. And, to be sure, San Francisco’s smaller size and population compared with other pricey cities -- notably, New York City -- makes for particularly extreme results in the data.

But they're directly on a fault line! Anyone notice the absurdity? A natural disaster would mean a lot of financial loss!

 

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Don't come to London then lol. I'm 20mins train travelling out from my accommodation and its worth allot. For an garage it's over 200k lol

 

[Jason76]

Don't come to London then lol. I'm 20mins train travelling out from my accommodation and its worth allot. For an garage it's over 200k lol

I guess that lends new meaning to "garage band" LOL