for all you who think the bay area is going to crash read this.

[Jay Hinrichs]

https://www.theatlantic.com/technology/archive/201...   

this really puts into perspective why the Bay Area and SF peninsula in particular is in a world of their own and is world class real estate with very few comps.. Only NYC  prime LA  north side Chicago  Washington DC  and Boston.. are really comps.

[Russell Brazil]

@Jay Hinrichs great read.  That actually helps me understand San Fran housing a little bit better, since it always kind of dumbfounded me that incomes there are a lot lower than DC, but housing prices are a lot more than DC....but thats driven largely by money that isnt actually income (stock from IPO).

I actually love this chart below, which shows many of the major metro areas as measured against income, which I think is a much better barometer of expensive vs affordable. I always felt DC is very affordable with housing prices at just 4.8x income, as opposed to Boston where I am originally from at 8.5x income.

https://www.numbeo.com/property-investment/region_rankings.jsp?title=2019®ion=021