Comment by jzl

Given how small SF is, and given how many multi-millionaires are minted with every big and even not-so-big tech company exit -- not to mention a steady population of bankers, traders, lawyers, doctors, etc. -- it seems like there is absolutely no end in sight to what is happening in the housing market there. There are probably more people flush with 7+ figures of cash to buy there than there will ever be available inventory in the foreseeable future. I would be extremely curious to see the demographics of all home buyers over the last few years, and/or what percentage of sales in the city are all-cash offers or at least could be done as such if the buyers desired.