Tech wealth responsible for making housing prices unaffordable in San Fransico

By Valley West Mortgage 6 years agoNo Comments
Home  /  Community  /  Tech wealth responsible for making housing prices unaffordable in San Fransico

Some protesters in San Francisco have stopped, and now let go a bus headed towards Google with Google employees on board. It’s not exactly clear on how many protesters participated in stopping the bus, but pictures have shown us that they mean business. According to postings on businessinsider.com, resident of San Fransico say that the personal buses that companies like Facebook, Apple and Google provide to their employee’s are making the housing hunt in San Francisco increasingly more difficult.

Confirmed reports are showing that open house showings have potential buyers (employees of Apple, FaceBook, Google) offering an entire years rent, or offering more money than the listing price asks for. This causing bidding wars and fights to break out.

More to come soon.

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