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Why is real estate in San Francisco so expensive?

  1. Ari Lamstein profile image81
    Ari Lamsteinposted 7 years ago

    Why is real estate in San Francisco so expensive?

    When you consider that the city is on a fault line, you would expect the cost of real estate to be below the national average.  Yet it is well above the national average.  This doesn't make sense to me.  I know that you are very smart; perhaps you could explain it to me?


  2. Rayalternately profile image59
    Rayalternatelyposted 7 years ago

    It must simply be a case of supply and demand. Now matter how high the risks, if enough people want to live in one place, then the value of that place increases. SImple economics, that's all.

  3. fdoleac profile image58
    fdoleacposted 7 years ago

    Location, culture and the overall quality of life draw buyers from all over the world.

  4. DJProfessorK profile image60
    DJProfessorKposted 7 years ago

    Cost of living is insane there. If my info is correct, Salt Lake City is 1/3 of the price for the same house/apartment.