SF Bay Area still has a fundamental problem with a decades long backlog in building new housing supply. Until the fundamentals are solved prices will continue to closely track the max capability of normal working class people to pay for existing supply.
This is unfortunate, since this is money better spend on innovations and people getting enough wealth to start their own thing in their garage.
This is unfortunate, since this is money better spend on innovations and people getting enough wealth to start their own thing in their garage.