Exodus of S.F.'s Middle Class

Exodus of S.F.'s Middle Class

leslie
Jun 23, 2008

Sunday's Chronicle included an article by James Temple about how San Francisco is becoming "an enclave of the rich" because low- and middle-class residents are leaving. Why? It's not really breaking news. Housing costs.

"Since 2002, the median price for all San Francisco home types has risen 113.5 percent to $790,000."

"A San Francisco household requires an annual income of $196,878 to afford a median-priced home in the city."

"The average for all apartment types stood at $2,326 in the first quarter."

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Image: Michael Macor

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