4.9 • 999 Ratings
🗓️ 9 February 2017
⏱️ 11 minutes
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0:00.0 | From K-QED. |
0:02.0 | I'm Olivia Allen Price and this is Bay Curious. |
0:09.0 | Support for Bay Curious is brought to you by Sierra Nevada Brewing Company, still family owned, operated, and argued over. |
0:19.0 | Explore their brews wherever fine beverages are sold and taste how trailblazing runs in the family. |
0:25.2 | Visit Sierra Nevada.com to find your new favorite beer today. |
0:29.7 | It's become the go-to conversation anywhere you go in the Bay Area, the cost of housing. |
0:35.6 | Rents are up, housing prices are up, we're all paying more, and it seems like no one is immune. |
0:41.8 | And the place where prices are rising the fastest isn't |
0:44.8 | San Francisco anymore. It's Oakland. Between July 2011 and 2016, the median price of |
0:51.0 | a home nearly doubled to $625,000. |
0:56.3 | Let that sink in. |
0:57.1 | That is a ton of money. |
0:59.0 | The median rent went up by more than $1,100 during that time. |
1:02.8 | Elena Fushe and her wife know this well. |
1:05.2 | They were living in a rent-controlled home |
1:07.0 | in Oakland's Diamond District, raising their first child. |
1:10.7 | Elena was a social worker, her wife, a teacher. Our house was. A but we were both working full time and so we were having to pay for full time |
1:23.7 | child care and pay for rent and when I got pregnant with our second kid that's |
1:28.7 | when we kind of looked at what it was going to cost to put him in full-time child care once I went back to work. |
1:35.2 | Plus, around this time, their landlord decided to sell the house where they were living. |
1:39.6 | So this meant they were going to have to pay even more for housing. |
1:42.8 | So we just were like, we can't afford to stay here. |
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