2008 marks my 10 year anniversary of moving to San Francisco (August).
Take a look at the average price for a place in Pacific Heights then and now compared to some common goods. If only a condo increased by the same percentage as a gallon of milk. Will it continue? Unlike in a majority of the U.S., I say yes.
Average cost of a single family house
Average cost of a USPS stamp
Average cost of a Condo/Loft/TIC
Average cost of a gallon of milk
Average cost of a multi unit building