The title is very misleading. If San Francisco's housing bubble was really "collapsing under its own weight" prices would be falling, and he's provided no indi

The title is very misleading. If San Francisco's housing bubble was really "collapsing under its own weight" prices would be falling, and he's provided no indication that's the case. Yes, teachers can't afford to live in SF unless they're bringing in a lot of equity from somewhere else. They're probably doing the same thing everyone else without at least a mid-six-figure household income is doing - commuting from the East Bay.