San Francisco is one of the trendiest and most-popular cities in the United States, which also happens to make it one of the most expensive cities in the world. Home of Silicon Valley, San Francisco has become the go-to city for tech companies within the US, and with countless tech employees flocking to the area with sizeable paychecks, it’s not hard to see why the prices in the Bay Area have skyrocketed in the previous decades.
Add to this the strict zoning laws within the city limits and the greater Bay Area, San Francisco has seen an ever-increasing gap between the supply and demand for housing. Zumper, a platform that tracks national rents, recently recorded the highest ever median rent for a one-bedroom apartment. At $3,700 per month, San Francisco is now officially the most expensive city in the country.
The San Francisco Affordable Housing Challenge is the latest in the Bee Breeders Affordable Housing competition series. In partnership with ARCHHIVE BOOKS, this affordable housing challenge is tasking participants with conceiving a solution to the city by the bay’s housing crisis.
