>At least when you over-pay for an apartment in Brooklyn you're in one of the greatest cities in the world. I complete agree, SFBA should not be as expensive a

>At least when you over-pay for an apartment in Brooklyn you're in one of the greatest cities in the world. I complete agree, SFBA should not be as expensive as NYC. NYC is better in most ways than San Francisco if you're being objective and Wall Street pays better than Silicon Valley. Housing is usually derivative of the incomes of the area. I blame the SFBA property values on restrictive housing policies and NIMBYs preventing development of housing. There is no way in the long-run that SFBA should be as expensive as NYC. Is Walnut Creek really a better place to live than Queens? I don't think so.