3 ms·

Did you read the article?

• superkuh 9mo ago
  I did. Did you notice that in the article they're talking about how the price (89%) spanned a decade at least? This seems to align with what I've said in my above coment. >That's an 89% increase over a decade, and a 32% jump in just two years. San Francisco has the highest indexed concert ticket prices in the nation, roughly 29% above the norm, according to analysis from Tickethold. Of course prices are increasing everywhere across the USA. I am just pointing out that San Francisco has always been significantly more expensive than everywhere else even before the last handful of years. And the reason for this is very clear: SF people have been paid more on average. Probably because the demand for the small area (so nice climate wise, job availability wise, etc) exceeds availability for those things and drives up other prices. And then the ratcheting like I said.
  • jonny_eh 9mo ago
    It's the cost. The high cost of labor, due to the high cost of real estate, due to the limited availability. This is ultimately the cause of booth what you've pointed out (the average high salaries in the area) AND the high cost of local goods and services. If we had more affordable real estate, the average income of residents wouldn't be so high, and the costs of other things also wouldn't be so high.