Is San Francisco Still a Bargain?

June 6, 2008

Now, I know I’d rather be here than anywhere, so the high cost of living isn’t really the point. But I do think, “Gosh it costs a lot here,” from time to time and I know I hear it from clients, particuarly those who have friend and family in less expensive markets. A recent Business Week article, though, makes San Francisco sound positively bargain basement, with our highest prices around $1,100 a square foot and most between $600 and $800. London is a whopping $6,191/square foot.  Read the article to see what $1.5 Million gets you in the world’s most expensive cities.  (Please note before you panic that some of the annual percentage changes are increased up by the weakness of the dollar.)