San Francisco residents flee city's pricey homes for Sacramento

San Francisco

AS the cost of daily life tests the bounds of gravity in San Francisco, a beneficiary has emerged 145 kilometres away.

Sacramento, the California state capital whose last flirtation with national prominence arguably was during the 19th-century Gold Rush, is seeing its property-tax base and revenue surge. Drawn by its lower cost of living, people priced out of the San Francisco area by the flood of cash from the tech boom are heading inland, helping to make it the state's fastest-growing big city.