More than half of all homes sold in San Francisco in 2018 were bought by software tycoons, according to a report published Friday in The Atlantic.
Some 51 percent of home-buyers in the city worked at companies such as Google, Apple and LinkedIn.
According to Deniz Kahramaner, a data scientist turned real-estate agent, most of the buyers purchased houses and apartments in neighborhoods closer to freeways and trains that head into Silicon Valley.
However, this is sending home prices soaring to stratospheric levels and causing homelessness and inequality to balloon. This in turn creates a tale-of-two-cites between the tech employees and middle-class workers.
Software employees make up the largest share of home buyers in San Francisco at 51%. Rounding out the top five are workers are finance, biotechnology, real estate and healthcare companies
The second largest group of buyers - finance employees - come it at a measly nine percent.
Rounding out the top five are employees of biotechnology, real estate and healthcare companies.
Kahramaner also compiled a list of the neighborhoods where tech company workers are buying homes
Mission Bay took the top spot, followed by South Beach, South of Market, Yerba Buena and Inner Mission.
The data scientist also looked at the number of buyers in tech companies in San Francisco in 2018, and found - perhaps unsurprisingly - Google in the number one spot with 64 buyers and Apple not far behind with 43 buyers.
Making up the top five were Facebook, LinkedIn and Salesforce. The numbers of some other companies, such as
