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1. Do you have a citation on this? I don't think that's true based on my own looking around. 2. Even if that is true, it's not as bad as it looks. There are ma
by eldavido 8y ago
1. Do you have a citation on this? I don't think that's true based on my own looking around.
2. Even if that is true, it's not as bad as it looks. There are many, many couples here with incomes in the 200-300k range, as almost all families are two-income, even with kids. Considering a condo costs 4x what many families earn, it's not far out of line with other places in the US.
The reality is that SF is a primo job market, in terms of variety of positions, type of work, and tons of high-income options. If you're part of a dual-degree couple where both people want serious careers, the argument rapidly becomes, where else would we go? It's a lifestyle choice; if you want that kind of access, it's going to cost a lot, but you need to work your ass off, BOTH of you, pay a ton for housing. If you want a slower quality of life, less noise, or want to be a one-income family, probably better to live somewhere else.
I actually don't have much of a problem with this. It's like this in every country, though I'll grant the regulatory climate in SF does make it somewhat self-inflicted.