How have the influx of tech startups moving to SoMa affected home pricing?

Asked by Liza Mock, San Francisco, CA Wed Dec 21, 2011

Has this caused any appreciation? Have more residential buildings converted to commercial office space?

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J Mario Preza, Agent, Burlingame, CA
Thu Jan 16, 2014
My office and our team is scouring the "Inner Mission" area of San Francisco for houses, and while we come across some "exceptional" deals, they have been tempered by the pent up demand of the folks who work in some of the tech companies in the surrounding areas. This has also affected the rents, which are now so high that people are opting to move elsewhere, or get "roommates" to help defray the costs. Yes, this influx has affected the market overall.
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