Less Than Half Of San Francisco Homes Are Affordable For Doctors

Marina district houses, San Francisco, CA, USA” by Veselina Dzhingarova licensed under CC BY 2.0

Source: Business Insider

According to the Bureau of Labor Statistics, medical practitioners earn one of the highest salaries in the United States. However, research shows that less than half of the homes in San Francisco are affordable to even the wealthiest population living in the city.

Across the U.S., house prices are rising due to a shortage of space and because of aggressive bidding wars, especially in metropolitan cities like San Francisco.

Data shows that restaurant workers and teachers face the most difficulty, but households with at least two working people have more access to the housing market, compared to single bidders.

Read full story at: Business Insider

Justice & Poverty, News
Justice & Poverty, News