Watch CBS News

Teachers Being Priced Out Of San Francisco's Booming Real Estate Market

SAN FRANCISCO (CBS SF) -- Teachers in San Francisco say they are being priced out of the city, and even their jobs.

The number of teachers living in San Francisco is down almost 75-percent from a year ago, according to Teacher's Union Chief Dennis Kelley.

"We're losing people out of the city," he said.

Teachers are asking for a 21-percent raise over three years.

With an average salary of $62,000 a year, San Francisco's teachers barely make more than teachers in Oakland, and nowhere near the $102,000 teachers in Mountain View take home.

"Being a single parent, it's just not possible," San Francisco teacher Christy Fiore said.

She was already priced out of the city, and now lives in Marin, forcing her to commute.

"Two hours away from my children, two hours away from what I need to be doing. And I also work a second job to make ends meet."

But, the district has to balance the needs of teachers with the needs of students.

"It does no one good if the school district goes bankrupt. But, we want to be very, very clear that we are committed to raises," Superintendent Richard Carranza said.

The district has offered an 8-percent raise over three years.

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.