Wednesday, January 09, 2008

Rising Prices

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.

Pacific Heights
Average cost of a single family house
1997 $1,706,000
2007 $5,022,000

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

No comments: