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San Francisco’s housing boom

San Francisco Chronicle
Jan 2, 2013

San Francisco, infamous for high rents and eye-popping home prices, is in the midst of a counter wave: a housing boom that's scattered construction cranes across the city and may run for years. There's a confluence of predictable factors, such as more plentiful investment cash, a wave of tech jobs and job-hungry construction firms. But there's another factor playing into the mix: In a city that can be notoriously change-averse, the public mood is more accepting of big projects that can dent the problem of four-figure monthly rents and million-dollar residential price tags.