6 Figure Salary In San Francisco Now Considered "low income"

WhatInThe

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A 6 figure salary in San Francisco is now considered low income. The actual number is about $117,000 a year

https://www.sfgate.com/expensive-sa...ilies-sf-bay-area-hud-statistics-13024580.php

From a housing market where the average home price is about $935,000. San Francisco/bay area leads California in people leaving or outward migration.

Over the last week I saw where the average home price in California is $600,000.

https://www.msn.com/en-us/finance/r...-and-a-typical-home-costs-24600000/ar-AAyVl8s

Better had invest in printing press companies because they are going to get a lot more use in California.
 

A 6 figure salary in San Francisco is now considered low income. The actual number is about $117,000 a year

https://www.sfgate.com/expensive-sa...ilies-sf-bay-area-hud-statistics-13024580.php

From a housing market where the average home price is about $935,000. San Francisco/bay area leads California in people leaving or outward migration.

Over the last week I saw where the average home price in California is $600,000.

https://www.msn.com/en-us/finance/r...-and-a-typical-home-costs-24600000/ar-AAyVl8s

Better had invest in printing press companies because they are going to get a lot more use California.

Both of the articles state these housing prices are median, not average. Big difference. That would mean half the houses are priced at more than that number, and half are priced below it. Many areas in CA are still affordable, relatively speaking. CA, HI, NY and DC have long been expensive places to purchase a home.

Prices will dip again. They always do after an overheated market.
 
It`s insane. Several of my old high schol friends that still live there are now heading for the hills. We did 26 years ago,but they have finally said enough with the traffic already! Why you would spend 1 million bucks for a starter home-only to sit in traffic three hours a day-is beyond me. Glad we still own property there though lol ;)
 
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Meanwhile, SF has allowed the homeless, mentally ill and drug abusers to trash its streets.


" Though known for its compassion to the needy, San Francisco may have hit peak saturation with tent camps, stinky urine and trash littering the streets, and the new interim mayor has vowed to do something about it.

In the last few weeks, Mayor Mark Farrell has promised $750,000 to hire more people just to pick up discarded needles and $13 million over the next two years for more heavy duty steam cleaners and pit stop toilets. He also had workers dismantle sprawling homeless tent camps in the city's Mission District.

The city famed for its picture-perfect views of the San Francisco Bay has long tolerated overflowing trash bins and homeless people camped out on sidewalks. Commuters routinely walk past people slumped over in transit stations, sometimes shooting up in public."

http://www.ktvu.com/news/meltdown-tolerant-san-francisco-fed-up-with-dirty-smelly-streets

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Meanwhile, SF has allowed the homeless, mentally ill and drug abusers to trash its streets.


" Though known for its compassion to the needy, San Francisco may have hit peak saturation with tent camps, stinky urine and trash littering the streets, and the new interim mayor has vowed to do something about it.

In the last few weeks, Mayor Mark Farrell has promised $750,000 to hire more people just to pick up discarded needles and $13 million over the next two years for more heavy duty steam cleaners and pit stop toilets. He also had workers dismantle sprawling homeless tent camps in the city's Mission District.

The city famed for its picture-perfect views of the San Francisco Bay has long tolerated overflowing trash bins and homeless people camped out on sidewalks. Commuters routinely walk past people slumped over in transit stations, sometimes shooting up in public."

http://www.ktvu.com/news/meltdown-tolerant-san-francisco-fed-up-with-dirty-smelly-streets

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Sad to say, homelessness is a complicated problem that exists in virtually every population center in the US and most of the rest of the world.
 
Sad to say, homelessness is a complicated problem that exists in virtually every population center in the US and most of the rest of the world.


Not in suburbia where I live.

Why anyone would pay more to live in the center of a large city is beyond me.

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Here's Snoopy's home in California. Maybe he'd share?

celebrity-hacienda-dog-house-2.gif
 
[h=1]The San Francisco housing market is so absurd that restaurants are putting diners to work because they can't afford to pay workers[/h]

  • Housing in San Francisco is so costly, restaurant workers are leaving the city for more affordable regions, according to a report in The New York Times.
  • Some of the city's restaurants can't find — or can't afford — front-of-house workers. They're finding solutions for operating without helping hands.
  • Some restaurant that look like full-service spots have diners seat themselves, fetch their own water, bus their table, and more.

http://www.businessinsider.com/san-francisco-expensive-restaurants-cant-afford-workers-2018-6

for more.
 
That is why there are a large number of retirees from Kalifornia in Arizona. There is also a huge number from Washington state.
 
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Meanwhile, SF has allowed the homeless, mentally ill and drug abusers to trash its streets.


" Though known for its compassion to the needy, San Francisco may have hit peak saturation with tent camps, stinky urine and trash littering the streets, and the new interim mayor has vowed to do something about it.

In the last few weeks, Mayor Mark Farrell has promised $750,000 to hire more people just to pick up discarded needles and $13 million over the next two years for more heavy duty steam cleaners and pit stop toilets. He also had workers dismantle sprawling homeless tent camps in the city's Mission District.

The city famed for its picture-perfect views of the San Francisco Bay has long tolerated overflowing trash bins and homeless people camped out on sidewalks. Commuters routinely walk past people slumped over in transit stations, sometimes shooting up in public."

http://www.ktvu.com/news/meltdown-tolerant-san-francisco-fed-up-with-dirty-smelly-streets

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It`s disgusting,really. My nephew manages a FedEx facility in downtown San Francisco,and the sidewalk in front of their building is covered in tents-and urine,feces and trash. Yuck.
 

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