The price of Bay Area rentals and for-sale homes rose sharply last month, by as much as 16 percent in some areas. San Francisco ranked as the second-healthiest housing market in America, according to the real estate site Trulia. Why are prices rising, and how are costs affecting Bay Area residents?
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Guests:
- Carolyn Said, staff writer covering economics and real estate for The San Francisco Chronicle
- Jed Kolko, chief economist for Trulia and author of the new Public Policy Institute of California report, “Business Relocation and Homegrown Jobs”
- Rick Turley, president of Coldwell Banker for the San Francisco Bay Area and a real estate agent for 25 years