Making six-figs in San Francisco? The government says you might be “low-income”

When high-salaried denizens of the Bay Area call themselves “poor” many people’s natural reaction is an eye roll. But with the cost of living reaching record heights in and around San Francisco, now even the government sympathizes with them. The Department of Housing and Urban Development will classify earners of up to $117,000 a year as “low-income,” the New York Times reported. The number, which takes into account home pries and housing costs, will allow […]

Source: Real Estate

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