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Re:The Housing Market in San Francisco and Ideas to Fix It by lovich on Thursday April 07, 2016 @03:02PM (#11449710)
I see sources backing up percentage increases that are much larger than 2%

http://www.zillow.com/san-francisco-ca/home-values/

https://www.boe.ca.gov/ma/news/AV_Bay-Area_PC.htm

Re:The Housing Market in San Francisco and Ideas to Fix It by iolothebard on Thursday April 07, 2016 @04:46PM (#11450570)
Sales reset the property taxes on properties. It was one of a few reasons I didn't buy a home in the Bay Area a few years back. Probably should have, my buddy that bought his house for 500k in the city is sitting on probably 1.2-1.4m now. Not bad for 3-4 years appreciation.