As San Francisco gets increasingly expensive, middle-class households are fleeing the city. Mayor Ed Lee has proposed a Housing Trust Fund to help out middle-income San Francisans to encourage them to stay in the city. Just what the fund would pay for is still up in the air, though everything is being put on the table, from $75,000 down payment subsidies to encouraging developers to build less expensive units without parking. Of course, many problems face this fledgling idea, one of which is how to define middle class in an expensive city like San Francisco. Stay tuned. [SF Gate/photo via Shutterstock]
Thursday, March 8, 2012
The Middle: As San Francisco gets increasingly expensive,...
× Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Thursday, February 23, 2012, by Abby Pontzer
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