The San Francisco housing market is so dire that people are leaving in droves — here’s where they’re headed

Dubbed the “Silicon Slopes,” the area reaching from Salt Lake City to Provo, Utah, is filled with top tech companies, including Adobe, EA Sports, Overstock.com, and cloud software startup Domo. Tech workers who flock to Salt Lake City for its lower taxes, more flexible regulatory environment, and natural amenities may find they can actually afford a home near the office.

The National Association of Realtors reported that the salary needed to buy a home in Salt Lake City was $59,521 in the last quarter of 2017. In San Francisco, it’s at least $173,783.

Article source: http://www.businessinsider.com/san-francisco-housing-so-expensive-people-leaving-2018-4

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