Rob Black’s Winners and Losers: SF real estate market hits ‘peak unaffordability’

SAN FRANCISCO (KRON) — On today’s edition of Rob Black’s Winners and Losers, our financial expert Rob Black and KRON 4’s Mark Danon talk about San Francisco’s real estate prices and why it’s so hard to save money.

San Francisco’s real estate market has reached ‘peak unaffordability’, according to a housing expert. Residents are long accustomed to skyrocketing rents and real estate prices, there’s some relief on the horizon.

The Samsung Galaxy Note 7 is officially back on sale after they began exploding and catching on fire.

Why it is so hard for most people to save money, even the wealthy? Is technology to blame for our empty bank accounts? Despite an improving economy, Americans still have trouble saving — a shocking number of adults have less than $1,000 in a savings account, even when their incomes are more than $150,000.

Black answers Morgan’s question: Is now a good time to buy Wells Fargo’s stock?

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