Why San Francisco Housing Got So Expensive
The median home price in the city of San Francisco is now $1.4 Million. Most of us can only look at that information and wonder "what happened?"
Conor Dougherty, economics reporter at the New York Times, set his sights on answering that question. The circumstances that led to tech-industry employee buses driving past tent cities are laid out in Dougherty's book Golden Gates: Fighting for Housing in America.
It is both history and cautionary tale for other parts of the country. The author shares his findings in this interview.