I don’t know about you, but this is music to my ears.
It absolutely makes sense that the cost of living in San Francisco, Oakland, and San Jose should be more painful (which isn’t always the same as $ amount) than our arch nemesis, Manhattan.
After all, we have easy access avocados. Have you ever eaten guac in Manhattan? No. Because it doesn’t exist.
And, of course, we have tech – which is disrupting paradigms in ways New York could only imagine.
Unfortunately, Manhattan is still way ahead in some areas – for example, the recent $100M condo that sold.
How can San Francisco compete with that? (I think we’re only at $28M or $49M.)
The difficult reality to accept is that it is still too affordable to live here in the SF Bay Area. This is not acceptable. We might have the best guac, but we won’t be world class until we do something about this.
People – what are you doing to help rectify this situation?