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Nearly 90 percent of San Franciscans cannot afford a median-priced home in the city

Only 13 percent of San Francisco households can afford to pay the nearly $7,000 a month in housing costs for a median-priced home here, according to recent analysis by Paragon Realty. “By definition, half the homes sold in any given county were at prices below the median sales price, i.e. there were numerous homes that were more affordable than the median prices used in this analysis,” said the report. “However, any way one slices it, the Bay Area has one of the most expensive— if not the most expensive—and least affordable housing markets in the country.”

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