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Northern California housing costs have been rising much faster than inflation for well over 30 years. Yes it corrected some in 2001 and 2008, but then continued
by kelp 8y ago
Northern California housing costs have been rising much faster than inflation for well over 30 years. Yes it corrected some in 2001 and 2008, but then continued to march upward, always regaining previous highs within 2-3 years, and then surpassing them.
Look at the charts here https://www.bayareamarketreports.com/trend/bay-area-real-estate-cycles https://www.bayareamarketreports.com/trend/bay-area-real-est...