04/16/2017

Even Doctors Are Priced Out Of The Corrupt San Francisco Housing Market

Michael Reagan, Newsmax

Many medical nostalgia fans regret the extinction of the doctor’s house call. No one is alive today who remembers actually being on the receiving end of a house call, but they’ve seen recreations on TV and the concept is agreeable.

I’m not certain how doctors who live and work in San Francisco view the house call, but I’m pretty sure many of them wish they had a house period.

The fact is, doctors can afford to buy at least half of the homes on the market in every major city in America, with one exception: San Francisco.

It tells you something about leftists and their housing policy when a doctor who makes an average of $208,000 a year can only afford approximately 42 percent of the homes in the city limits. Trulia.com did a study and found the median home price in San Francisco is $1,249,000, which is beyond the reach of most doctors there.

That median price is the highest in the nation. The second highest, in San Jose, California, is $332,000 behind in valuation.

One might think that if city hall land use policies had priced even doctors out of the market it might be time to have lunch with a few developers. But that just shows one doesn’t understand the mind of the politician.

High home prices aren’t a bug in San Francisco land use policies. High home prices are a feature! Limiting building so that prices skyrocket gives the leftist a chance to show his "concern" using other people’s money.

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