Source: BEA Regional Accounts
There is a 2 year lag for the local data, but I don't think this bump is durable. Let's see what that graph looks like once the 2009 numbers come out.
Wednesday, September 2, 2009
The San Francisco Income Bubble
The Old Barkeep is fascinated by the insanity of San Francisco's housing market, and demographic shifts generally. Always a rich town, the city has recently experienced a big income boost -- can you recognize the pattern from 1997-2007?
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