Can the San Francisco Bay Area rival New York City?

[Selurong]

San Francisco will never be able to rival New York City. NYC has been the financial capital of the US since the Industrial Revolution was introduced into the US.

You're only saying that because you live near New York. Things aren't permanent you know. For example, once upon a time, the busiest port in the USA is the port of New York, now it's Los Angeles...

http://www.nglog.com/about-us/the_usas_busiest_ports

So, there are some things that can change in the future, never say never.

[knowledge is king]

Average 1 bedroom apartment is $3500 each month. Average 2 bedroom probably around $4400 a month.

Presumably I guess rental prices in London, Dubai, Hong Kong and Singapore should be compatible to it. Nevermind it does not explain why person should pay such ridiculous expenses for basic needs in the first place.

I suppose if you are not a Microsoft's CEO, then you certainly should regard SFBA as a forbidden destination for you.

For a decent person on the other hand living in Texas is more suitable and wise decision where corresponding rental price in around 1000$ per month.

[zhaoyun]

Presumably I guess rental prices in London, Dubai, Hong Kong and Singapore should be compatible to it. Nevermind it does not explain why person should pay such ridiculous expenses for basic needs in the first place.

I suppose if you are not a Microsoft's CEO, then you certainly should regard SFBA as a forbidden destination for you.

For a decent person on the other hand living in Texas is more suitable and wise decision where corresponding rental price in around 1000$ per month.

The thing is, because San Francisco is such a unique city, many people from around the country flock here, to be a part of this city. But the irony is that its popularity is killing the very thing that made SF unique, which is its cultural scene that was made up of many artists and creative people, now they are just being replaced by tech bros.

[zhaoyun]

Palo Alto tear down house sold for $2.55 M

https://sf.curbed.com/2017/4/26/1543...old-home-house

[Selurong]

Palo Alto tear down house sold for $2.55 M

https://sf.curbed.com/2017/4/26/1543...old-home-house

That's obscenely ostentatious.

[Odin]

Palo Alto is for workaholics.

[TenaciousTopologist]

Palo Alto tear down house sold for $2.55 M

https://sf.curbed.com/2017/4/26/1543...old-home-house

Another day another obscenely rich Chinese investor fronting all cash. The best part is there is a decent likelihood that the "house" will be unoccupied.

Back to the OPs question:
SF will never rival NYC. Never has, never will. The structure of the city and the metropolitan area will not allow for it. This has not much to do with the robustness of the respective economies.