|Habitat For Hermanity||
It's a particularly good time to be a luxury homeowner in San Francisco.
The Californian city tops Knight Frank's Prime Global Cities Index of prices for high-end real estate around the world.
Tech industry money has been pouring into San Francisco, helping push up the median asking price to more than $1 million.
The list features other cities with strong tech sectors, as well as emerging markets where new wealth is blossoming, and foreign investment hotspots.
These following cities worldwide boast some of the hottest luxury housing markets, based on where home prices are rising by some of the highest amounts in the past 12 months:
SF tenant incensed by landlord quadrupling rent...but turns out she was Airbnb'ing the place too! Who's right?!
This story is taking the city of San Francisco by storm. The rent at 355 Bocana is going up from $2,145 to $8,900. And landlord is also asking for increased deposit of $12k. It's all legal apparently as the owners converted the property into a single family. The tenant posted it to facebook and the masses rallied by her side. The landlords business nearby by publicly shamed .
But readers of real estate gossip site Curbed SF found out the tenant had been renting out her place on airbnb for years (most likely a lease violation). So who is right?! Oh what a mess!
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