Be sure and compare San Francisco to other cities on the Case-Shiller graphs and you decide. It looks like prices are going up faster than they did at anytime during the Great Real Estate Boom and Bust of the 2000s.

In the video, I see I was too harsh on Seattle, it’s not in the same league as San Francisco as far as home price increases go, although home prices in both cities will eventually be squeezed when the current tech boom cools off.