General World News

Teachers in San Francisco are some of the best-paid in the US, but they still don’t make enough to afford 99% of the homes on the market

San Francisco

  • Housing is so costly in San Francisco that the average teacher can only afford 0.7% of the homes on the market, according to a Trulia study.
  • Most cities are becoming less affordable for teachers as housing prices rise faster than their salaries.
  • Housing costs are also a problem — especially in San Francisco — for restaurant workers, programmers, and even doctors.

At current salary levels, teachers in many cities across the US can’t afford to live near the schools where they teach.

In San Francisco, less than 1% of homes on the market are affordable to the city’s schoolteachers, read more >>>

Source:: BusinessInsider.Com