You Can Buy All of SF’s Residential Buildings for a Mere $166B

But who could afford it?

(Image courtesy of PropertyShark)

San Francisco is home to one of the most expensive real estate markets in the country, but have you ever wondered how much it would cost to purchase every residential home in the city?

To save us the headache, PropertyShark added up the total number of residential units in a district, and multiplied them by the median sale price in that area for 2015. The results show that despite its diminutive size, the total cost of residential buildings in the city totals a whopping $166 billion.

So what if someone decided to buy the entire city?

The two richest men in the world—Bill Gates and Warren Buffet—could just about cover the cost, splitting our 49 square miles between them.

Moving down the rich list, the four wealthiest tech entrepreneurs—Mark Zuckerberg, Larry Ellison, Larry Page and Sergey Brin—could share the city, and still have $10 billion left over.

And if Apple wanted to buy San Francisco, it could easily do so—3 times over.

Luckily San Francisco isn’t for sale, though Mayor Ed Lee’s policy of offering tax breaks to big corporations may be interpreted otherwise.

 

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