San Francisco is so expensive that more people are leaving than moving in — and it could mean disaster for the nation`s tech capital


San Francisco is so expensive that more people are leaving than moving in — and it could mean disaster for the nation`s tech capital


  • San Francisco`s metropolitan area lost more residents than it attracted between 2016 and 2017, according to US census data.

  • People are leaving San Francisco because of the out-of-control housing prices. The city`s median-priced home now costs $1.5 million.

  • The nation`s tech capital risks losing talent if they can`t afford to live there.

People are leaving San Francisco because, as they say, the rent is too damn high.

   ...more

RSK: Well this might help some of the smaller tech centers in the Midwest...including Madison. When it is less expensive to fly to San Fran, stay in a hotel for two weeks and then fly back to Madison well that says something. Young Tech employees renting Vans and staying in their office parking lots for the week? Wowsers. Almost like being homeless....except you have money. Strange!

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- - Volume: 6 - WEEK: 13 Date: 3/27/2018 1:37:16 PM -