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Jonas Voss

Sobering for some: Silicon Valley rents

The tech boom has pushed up property prices in the Bay Area. Single-family home prices in San Jose and San Francisco have risen by 72% and 42%, respectively, in the past decade, compared with an increase of 10% nationally. Because of the high cost of living, a family of four with income of $105,350 or less is now considered “low income” in San Francisco and San Mateo counties, according to the Department of Housing and Urban Development.

Damn.

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Jonas Voss