You know San Francisco is too expensive when even the tech workers would prefer to settle down somewhere else. Here are 5 cities they'd prefer to be in, according to a survey from robo-advisor Wealthfront.
"What's interesting is the drastic delta between what people would pay for a two-bedroom home in San Francisco, versus what they would pay in other cities like Austin," said Kate Wauck, vice president of communications at Wealthfront.
Indeed, the median home goal price in the Bay Area is more than $1 million for a two-bedroom dwelling, Wealthfront found. Here are the top five cities where Wealthfront's tech investors would choose in lieu of staying in San Francisco.The median list price for a home in the New York-Newark-Jersey City metro area is $525,000, according to Zillow. Within that region, Manhattan commands the highest median list price, which is $1.569 million, the real estate website found.
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