Bay Area Vs San Francisco

When thinking of the most expensive city to live in the United States, the common answer is typically New York City, but recently passing this notoriously pricey city for the first time is a city right here in the Bay Area, San Francisco. According to NBC Bay Area, the Bay Area’s “affordable housing crisis has reached an epidemic level, with rents at an all-time high and home ownership rates at their lowest since the 1940’s.” Decent listings and rentals are hard to find. If you are even lucky enough to find a suitable apartment to your liking the rent is too high. Buying a home is not practical either because those prices are even more higher. Homeless encampments are growing, nothing is affordable anymore. So what do you do? Many residents have to cut back on food, clothing and medical care to keep a roof over their heads. Living a middle class life is no longer practical. …show more content…
Why is living here in the Bay Area so expensive? If we are talking about San Francisco specifically, San Francisco lies on a peninsula, therefore the amount of land available is limited, thus making each acre more valuable. But overall, the Bay Area has a lot to offer. It is one of the most important technological centers of the world. Google, Apple, Cisco, LinkedIn, Adobe, and nearly every other household tech name is either located here or has a major presence. There are more startups and startup-hopefuls than you can count on one hand. There is a large supply and demand for housing which leads to record-high rents and sale prices as well as a great scale of people unable to afford living in the