How Much House Does $25 Million Buy In San Francisco? | Hoover Institution

How Much House Does $25 Million Buy In San Francisco? | Hoover Institution: San Francisco is the most expensive housing market in the country. But doesn’t $25 million—not $2.5 million, $25 million—buy you a lot of house? You might be surprised at just how little. As I describe below, this home showcases just how comically distorted California’s housing policies have become, and why San Francisco continues its chronic march toward falling off an