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Apologies from the greatest city on earth

Posted: Feb. 19th, 2013  |  By Michael Pearse
via City of Doers video

San Francisco's housing market has been on the rise for the past couple of years. The city has also been getting more expensive as time has passed but the only reason that this is occurring is because there is a limited number of housing properties and a very high demand for them.

Yes, San Francisco is getting expensive, and more so all the time.

But really—we're going to blame Google's buses for the city's housing crisis?

That's what writer Rebecca Solnit argues in an utterly ridiculous screed in the London Review of Books that pretends to be about the crisis of capitalism in San Francisco but turns out to be a handwringing diatribe about her search for a home to buy.

The reason why house prices in San Francisco are going up is because the supply is limited and the demand is insatiable.

Read More on sfgate.com
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