Property News · April 16, 2018

San Francisco home prices gain US$60 an hour – four times the minimum hourly wage of US$14


Houses in San Francisco earn more per hour than most of their owners – or anyone else, for that matter – do at work, a new report finds.
The study by property site Zillow finds that houses in the Bay Area city typically appreciate at a rate of US$60.13 for each working hour, calculated based on a 40-hour work week.
Minimum wage workers in San Francisco currently take home US$14 an hour, rising to US$15 an hour this summer. And the average hourly wage in the San Francisco-San Mateo…

Source : South China Morning Post
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