And that is reflected in the price of its housing. Yes, we have the highest home prices in the nation. But that again depends on where you want to invest. The City itself has a variety of housing products from condos, loft projects, Victorian townhomes and single family homes. There is no upward limit on what you can spend for housing.
Rentals also reflect the high demand for housing.
The South Bay and Marin County also reflect the high cost of housing due to their proximity to San Francisco and the Silicon Valley respectively. The wine country has some affordable homes on nice lots. You can own a small cottage or your own vineyard and rub elbows with the gentry. Again, locaton and amenities will determine the price. The most affordable area is the East Bay.