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New Report Finds You'll Never Own a Home in San Francisco

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city real estate chart corrected
Photo: Business Insider/Andy Kiersz, data from Movoto and Zillow

Do you dream of owning a cute nest in San Francisco that's big enough for the family you're still unsure you want or at least a puppy? Maybe this dream pad of yours also has a hammock in the back yard and a front porch where you'll drink lemonade? Yeah, that's not going to happen, according to Business Insider. They compiled information on how much space $1 million will get you in each of the major U.S. cities. San Francisco leads the pack and it wasn't even close. You can get 500+ more square feet in second place finisher Boston. Check out analysis of the results and how much space your money will fetch overseas below. And in case this report bummed you out, this will probably make you feel better.

How much housing you can buy with a million dollars very much depends on what city you are looking to buy in. According to Knight Frank data cited by CNBC’s Robert Frank, a million dollars goes a lot further in Cape Town than it would in Monaco. But what about in the U.S.?

Read more at: www.businessinsider.com


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