A deep look into Bay Area housing market conditions reveal there is a genuine housing crisis developing for non-owners. How many new single-family homes were constructed to accommodate all these new workers? The ratio of new jobs to new single-family homes was 17.6 in San Francisco-Oakland, compared to 3.4 in Dallas-Ft. Worth. Consequently, home prices have essentially quadrupled in the Bay Area versus only doubling in price in Dallas, Houston, and San Antonio. One has to wonder where and how the breaking point will occur in the Bay Area.

Source: Forbes June 12, 2017 19:18 UTC