from online loan marketplace LendingTree shows a connection between technology hubs and high housing prices.
By comparing the proportion of million-dollar homes in the 50 largest US metro areas, the study found that the Bay Area took the top two spots, with San Jose on top followed by San Francisco. Seattle, home to Amazon and Microsoft, was No. 5, the highest entry outside of California. Not every city on the list can point to tech for high housing prices, but the prominence of the Bay Area and Seattle point to the potential downsides tech companies can bring to an area.
San Francisco has been the poster child for a city whose resources are pushed to the limit by tech companies that call it home. It's the most expensive city for homebuyers in the United States, and over 40% of housing units are priced over $1 million. The median price for a single-family home has increased over