There’s something special about San Francisco. It’s not the winding and world famous Lombard street, or the picturesque Painted Ladies once featured in the opening sequence of Full House. It’s real estate prices. They’re through the roof. In fact San Francisco is widely considered to be one of the most, if not the most expensive city in North America to live in. And what’s to blame? The very tech that’s designed to make our lives easier.
Don’t want the expensive of owning a car but find taxis to expensive? Uber to the rescue! Looking for an alternative to pricey hotels? There’s always Airbnb. Have an idea to share with the world? You can Tweet it, Pin it, or post it on your timeline. You just can’t buy a house, because all the execs and early employees of our favorite companies went out and bought them all after their companies’ IPOs, driving up the price of San Francisco real estate to record highs.
And don’t go thinking San Francisco is unique. Seattle, Portland, Austin, and a whole host of other cities have seen their housing prices jump once big tech moves in. Yes, we love their services, and many of them either save us money or are free to use, but let’s not forget that there’s a cost to everything, even if it’s not immediately apparent.
Looking for a deep dive into the world of tech? Visit our online library at www.joygeeks.com for a wide variety of ebooks, audiobooks, music, and more. Accessible anytime, anywhere, from your favorite devices.
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