This is the thing that no one mentions anymore because they lazily blame Prop 13.  The real estate market has been great since at least 1999 in the entire Bay Area, except for some areas that suffered the housing crash.  Even during the housing bust, there was turnover from the short sales and foreclosures.  It&#x27;s a myth but people like to perpetuate the myth because they don&#x27;t want to do the research.