California is the future of the United States, starts the oft-cited cliche. What the US is doing now, Europe will be doing in five years, croaks another. Demonstrated those truthy maxims, let’s examine the socioeconomics of the “City by the Bay” as a harbinger of what’s to come.
Data shows that technology and business make up a large fraction of citywide job. It too is demonstrated that unemployment and housing tolls follow the tech industry’s boom-and-bust cycles/second. Amid the current boom, a family of four making $117,400 now qualifies as low-income in San Francisco. Some books laughed when I wrote in a memoir about working at Facebook that my six-figure compensation manufactured me “barely middle class.” As it turns out, I wasn’t far off. With that credential, consider this rumination on bougie life inside the San Francisco bubble, which seems conducted in accordance with the data and its own experience of other local techies.