Menu Close

Bubble In Their Hair! San Francisco Median Home Prices Top $1 Million Despite Declining Median Family Income

As Scott McKenzie warbled, “If you’re going to San Francisco, be sure to wear some BUBBLES in your hair.”

Yes, median home prices in San Francisco have surged to over $1 million, up from $646,428 in January 2010. And despite falling median family incomes!

sfmedianz

I would say that this qualifies as a bubble, particularly when The Fed benefits the wealthiest Americans and Chinese investors keep pumping money into the Bay Area.

scott-mckenzie

Join the conversation and have a little fun at Capitalstool.com. If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

RSS
Follow by Email
LinkedIn
Share

Discover more from The Wall Street Examiner

Subscribe now to keep reading and get access to the full archive.

Continue reading