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Tale of Two Cities: 51 of Country's Richest 100 Zip Codes Are in San Francisco's Bay Area



A new property report from Property Shark reveals more than 50 of the US's 100 most expensive zip codes currently in the Bay Area; sheds amazing new light on San Francisco's outrageous wealth differentiation and homeless crisis.

“The Bay Area dominates the overall list. Because of several ties in median sales prices, 125 zip codes actually make up the list of zippers with the 100 most expensive median sales prices. Of these, 51 are in the Bay Area, with clusters of wealth in the counties of San Francisco, San Mateo, Santa Clara, Marin and Alameda, "reports SF Gate.

" Reaching downtown Palo Alto and parts of Crescent Park, 94301

were the second highest Bay Area ZIP code and No. 7 nationally with a median sales price of $ 3.522 million, down 6% on the previous year. Silicon Valley's third most expensive zip code, 94022 in Los Altos, has a median of $ 3.45 million and is ranked # 9 in the nation, "the website adds.

Last month, San Francisco residents raised plywood barriers in one neighborhood to prevent homeless tent cities from taking over private property.

"In the latest effort to combat the growing homelessness crisis in San Francisco, a city dweller recently blocked a plywood wall with an alley known to be used for drug trafficking and homelessness," reports Fox News.

"This walkway has been a burden on city streets good time now, "the neighbor, who wished to remain anonymous, told KGO-TV in a statement." The walkway requires several trips a week for power washing, and city records confirm that over 100 calls were received for emergency services. "

" They come here, they pee there, they look there. Every day, Tom Pan, who owns a nail salon, told the San Francisco Examiner. “The police can't do anything, it's dirty and disgusting. In the summer on a hot day, I can't even open my window because of the smell. ”

Earlier this year, residents installed giant boulders in the city streets to block homeless camps and drug use. The rocks were eventually removed by San Francisco officials.

Read the full report here.

Source: SF Gate

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