This interactive map shows how unaffordable San Francisco has become since 2010
Shutterstock
A whopping 63% of homes in the city are now worth more than a million dollars, based on calculations Trulia did using factors like square footage and recent sales in the neighborhood.
There's a lot of discussion in the city right now as to whether the rise in real estate prices is a result of the tech boom, increased foreign investment in real estate, a lack of new housing stock, or some combination of those factors. But Trulia's data shows that a couple neighborhoods that tech workers favor - Bernal Heights and the Mission - now have the greatest percentage of million-dollar homes in the city. Five years ago, those two neighborhoods weren't even in the top ten.
Both neighborhoods are centrally located, highly walkable, and - probably most important - close to shuttle stops for the buses that take tech workers down to Silicon Valley campuses like Google, Facebook, Apple, and Yahoo.
Not surprisingly, San Francisco is the setting for the latest version of Bravo's Million Dollar Listing reality TV show.
This interactive map shows exactly where and how fast the boom in million-dollar houses has occurred (the red dots are million dollar homes):
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Having an regional accent can be bad for your interviews, especially an Indian one: study
- Dirty laundry? Major clothing companies like Zara and H&M under scrutiny for allegedly fuelling deforestation in Brazil
- 5 Best places to visit near Darjeeling
- Climate change could become main driver of biodiversity decline by mid-century: Study
- RBI initiates transition plan: Small finance banks to ascend to universal banking status