Why is the Bay Area so expensive?

The average Bay Area home sold for $1.9 million in June, according to the real estate website Trulia.

That’s nearly four times the median price in the US as a whole.

And while that’s still lower than many of the states with higher median home prices, it’s still a record.

The Bay Area’s median home price has soared by more than 100% over the last four years.

But the state’s median income has only grown slightly.

And it’s even higher than the national average.

The median household income in California, according the US Census Bureau, is $51,723, which is higher than in every state except New York and the District of Columbia.

Trulia also found that San Francisco’s median household size is about half that of most US cities.

But unlike many of these places, San Francisco has not seen a significant drop in home prices over the past few years.

So what is it about the Bay area that makes it so expensive that it’s keeping it affordable?

Trulia points to one of the most important factors: California’s high-cost housing.

The state has more than 20,000 housing units per million people, the highest in the country, according a study by RealtyTrac.

The high cost of housing can be seen in many ways: high rents, unaffordable mortgages, a high percentage of homes in need of repair, and an inability to build new homes, Trulia found.

But what’s also a big part of the problem is that the state is building lots of homes at such a high rate.

The average California home is worth about $2,878,000, according with the US Department of Housing and Urban Development, while the median home in the city of Oakland is worth $1,898,000.

But Trulia says a large portion of that wealth is locked up in the San Francisco Bay Area, where a record number of new homes are being built and the median cost of a home in San Francisco is now about $1 million.

The price of a new home in Oakland is now around $1 billion.

In other words, the Bay is the richest state in the nation for a reason.

It has a huge amount of wealth and, Trulia found, people are willing to pay a lot of money to own homes in that area.

Trulian said this trend is going to continue for the foreseeable future.

“I’m not saying this is the end of the story.

It’s just the start,” Trulion said.

“But the fact is that there are a lot more properties that are in the Bay right now that are very similar to those in other areas of the country.”