In San Francisco, today, the medium class is very different from what happens in other parts of the world. In this city and in this area, especially in the Bay Area, a couple must win more than $ 200,000 per year, around € 178,000. But this is not the reality of the majority of residents here (not far), and especially in the huge bubble of the Silicon Valley real estate.

 

In the coming months, some technology-based decorations will appear on the stock market, a social alarm has emerged among the elusive class middle class, but above all among the mass of the residents, who do not reach the six-digit figure. For one year, Lyft (which was released at the end of March) is trading on Uber, Pinterest, AirBnB and Slack Stock Exchange.

 

"It is feared that now it will be rains of sudden wealth and that housing prices will rise," said Todd David, the San Francisco's Housing Co-Chancellor (SFHAC). "Prices will increase overall, but not just for those stock market outlets."

 

According to Todd, a single-family home in San Francisco for two years now costs $ 1.5 million, up 15% or 20%. "The limited space we have for building in this city is the one that is most afraid of us."

 

"I would like to be positive and say that the bubble will be better, but it will not happen, it will get worse, because more people are coming to work." "That is to say, because of the lack of efficiency of the politicians, they have not given any solution to what we have already known, and now these technology companies, the Turks, are doing it."

 

One of the city councilors Gordon Mar asked for a survey, for those who could have the chance to go on the market for a short time. "We have seen that the technological industry is growing [...], but we have also seen how problems were growing around the wealth of shootings and gentrification, not only housing, but also traffic in the city and the region," local media said last week.

 

In general, experts are far more wise than politicians and mediators, so that the wave of the stock market is catastrophic. "It's not a tsunami," Ken Rosen adviser Ken Rosen told reporters. "First and foremost, it should be taken into account that it is necessary for a total six months to complete the entire process, and the second, that the initial price of these actions will fall dramatically, so that not all millions will be."

 

Additionally, Ken Rosen is a California Emeritus Professor at the University of California, and believes that most estimates of homeowners' price increases are excessive.

 

There are already many other cities in California that are attracting great technological talent, such as Las Vegas and Portland. "Silicon Valley will always be Silicon Valley, but setting it in this area is hardly possible for many companies."