Machine Learning

San Fran Cisco - WHY ARE MORE PEOPLE LIVING IN THE CITY

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Synopsis

e main reason is the economy The housing market has been hot in recent years Home prices are rising, but generally not as quickly as in other cities The number of jobs in the city has been growing faster than the number of homes San Francisco added about 10,000 jobs in the past year, about half of them in technology Economist Steven Levy at the Center for the Continuing Study of the California Economy says that makes it the fastest growing big city in the state Levy says San Francisco's job growth is fueled by the boom in technology Many of the new jobs are in industries that require workers skilled in math, science and technology "The San Francisco economy has been adding jobs at a faster rate than the other big cities in the state," Levy says "It's been a tech boom " The growing economy has helped attract thousands of new residents to the city But San Francisco also has advantages over other cities It's close to Silicon Valley, the headquarters of many technology companies It's a great pl