As Silicon Valley money, pumped into the area by the Federal Reserve, flows into San Francisco, any real estate related prices continue to soar.
I would imagine that there are many parts of the country where studio apartments are available for $400 per month.
No doubt the city sees this as a fantastic win-win. The city makes money while simultaneously encouraging bicycles. After all, only Neanderthals, Barbarians, and rich elitists drive cars anymore...
ReplyDeleteIn NYC that would be a bargain!
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