Real Estate Roundup: San Franciscans Say Homebuying Cost Is City’s No. 1 Issue

HOMEOWNERSHIP COST CHIEF CONCERN IN SAN FRANCISCO

For the past two years, the always-hot-button issue of homelessness topped San Franciscans’ list of concerns. But in 2014, city denizens point to the cost of home ownership as their first and foremost worry.

SFGate reports that a survey conducted by the San Francisco Chamber of Commerce found that 34 percent of residents think housing affordability is the most important issue the city faces, up from 20 percent in 2013. Along the same lines, skyrocketing rental costs are the No. 2 concern, with 21 percent of respondents noting it as a concern.

As our region’s robust economic recovery continues, San Francisco residents are less worried about job growth this year than last: 18 percent now cite it as an issue, down from 23 percent in 2013.

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